Solution-Prepare the operating activities section of the

Prepare the operating activities section of the statement

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Reference no: EM131145251

The income statement of Hauser Company is presented on the next page. Additional information:
1. Accounts receivable decreased $290,000 during the year, and inventory increased $140,000.
2. Prepaid expenses increased $175,000 during the year.
3. Accounts payable to merchandise suppliers increased $63,000 during the year.
4. Accrued expenses payable increased $145,000 during the year.

Instructions

Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2012, for Hauser Company, using the indirect method.

Reference no: EM131145251

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Prepare the operating activities section of the statement

Reference no: EM131145251

Reference no: EM131145251

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