Problem 4-Determining Cash Flows From (Used for) Operating Activities Tanger Inc. reported the following data: Net income Depreciation expense Loss on disposal of equip Increase in accounts receivable Increase in accounts payable $173,000 28,000 12,200 9,750 5,150 Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method.

Problem 4-Determining Cash Flows From (Used for) Operating Activities Tanger Inc. reported the following data: Net income Depreciation expense Loss on disposal of equip Increase in accounts receivable Increase in accounts payable $173,000 28,000 12,200 9,750 5,150 Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter15: Statement Of Cash Flows

Section: Chapter Questions

Problem 4BE

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