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Cengage NOW G Caldo Care C fi og cengagenow comilmitakeAssignment/takelssignmentMain
do For quick access place your bookmarks here on the bookmarks bar. Cash Flow from operating
Activities-ladirect Method Avenger Inc reported the following data Gain disposal olequipment
Decease in accounts teorivable Prepare the Cash Flows from overating Activities section of the
statement of omh usingthe idred method use them ms in h payments, deoeases in cash and for
any adjustments, rrequired. urrent Doerating assets and latines csv now from operateo activities
Solution
Avenger, INC Statement of Cash Flows (partial) Cash flows from operating activities Net
income       270,000 Adjustments to reconcile net income to net cash flow from
operating Activity: Depreciation Expenses          30,000 Gain on Disposal of
Equipmment - 24,600 Change in Current operating Asset & Liability Decrease in Accounts
Recievable 16800 Decrease in Accounts payable -4320 Net cash flow from operatiing activities
287880

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