Calculate cash from operating activities using the indirect method (FOR PUTUL ONLY)

copy_of_p09-49a.xls

Sheet1

Problem 9-49A					Name
					Section
A	B	C	D	E	F	G	H
5	Part 1. Direct method
6	Craig's Service Company
7	Statement of Cash Flows
8	For the Year Ended December 31, 2011
9	Cash from operations:
10	Cash from customers						$ 94,000
11	Cash paid for advertising						Amount
12	Cash paid for employees						Amount
13	Cash paid for rent						Amount
14	Cash paid for supplies						Amount
15	Cash paid for taxes						Amount
16	Net increase in cash from operations						Formula 1
17	Cash from investing activities
18	Purchase of equipment						Amount
19	Cash from financing activities
20	Dividends paid						Amount
21	Net increase in cash						Formula 2
22
23	Part 1. Indirect method
24	Craig's Service Company
25	Statement of Cash Flows
26	For the Year Ended December 31, 2011
27
28	Cash from operating activities
29	Net income						$ 5,460
30	Add depreciation						Amount
31	Decrease in accounts receivable						Amount
32	Decrease in supplies						Amount
33	Increase in prepaid advertising						Amount
34	Decrease in wages and salaries payable						Amount
35	Increase in taxes payable						Amount
36	Net increase in cash from operations						Formula 3
37	Cash from investing activities
38	Purchase of equipment						Amount
39	Cash from financing activities
40	Payment of dividend						Amount
41	Net increase in cash						Formula 4
42	Parts 2,3,4
43	Type answers starting here
44
45
46
47
48	Part 5.	Free cash flow equals					Formula 5
49
50
	End of Problem

&LReimers, Financial Accounting 3e

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