Reference no: EM132489765
Question 1: Using the information below, calculate Cabana Co.'s Net Operating Cash Flow for 2017. It is not necessary to produce a complete Statement of Cash Flows - only Net Operating Cash Flow is required.
2016 2017
Net Income $100,000 $110,000
Accounts Receivable 80,000 90,000
Accounts Payable 15,000 20,000
Prepaid Expenses 5,000 7,000
Inventory 20,000 30,000
Unearned Revenue 5,000 1,000
PP&E 200,000 220,000
Depreciation Expense 20,000 25,000