Operating Activities

Operating Activities - Loss or sale of Equipment is an...

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Operating Activities Change in cash does not show up in your operating activities When accounts Receivable goes down you add it When inventory goes down you add it When Prepaid expenses go up your current assets go down Accounts Payable decreases and that makes your current liabilities go down When accrued liabilities go down my net income goes down When income taxes go up they are not paid yet so they add to my net income I truly believe the answer should have been $12,000
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Operational Activities Net Income is added
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Unformatted text preview: Loss or sale of Equipment is an increase Amortization is an increase Depreciation Expense is an increase Increase in Accounts payable is an increase Decrease in Inventory is an increase Increase in Prepaid Expenses is a decrease Decrease in Accrued Liabilities is a decrease Investment Activities Sale of Long term investment Purchase building Purchase Long Term Investment Sale of Land Financing Activities Cash Dividends Issuance of Long Term Notes Payable Payment of Long term debt...
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This note was uploaded on 07/16/2011 for the course ACCT 212 taught by Professor Song during the Spring '11 term at DeVry Kansas City.

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Operating Activities - Loss or sale of Equipment is an...

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