I need to know what to add and what to subtract to get the right answer.
Stacey Warren - Expert brainly.com
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it's not a hard problem. i just keep getting the wrong answer. anyone willing to give it a go? you don't have to be good at accounting/finance to do this.
what are you trying to do ?
I think to answer this, you need a definition of "net cash flow"
trying to see what i have left over after all of the activities that occur
i think we do the opposite of what we have. add the bad stuff and subtract the good stuff...except with payable...you subtract because of the decrease.... and with the receivable... you add because it increased....
You will have to find an accountant, not an engineer to help you with this one.
o well thanks for attempting
Here you go
Cash Flows from Operating Activities:
+ Non-Cash Expenses:
(Depreciation, Depletion & Amortization Expense)
+ Non-Operating Losses:
(Loss on Sale of Non-Current Assets)
− Non-Operating Gains:
(Gain on Sale of Non-Current Assets)
+ Decrease in Current Assets:
(Accounts Receivable, Prepaid Expenses, Inventory etc.)
− Increase in Current Assets
+ Increase in Current Liabilities:
(Accounts Payable, Accrued Liabilities, Income Tax Payable etc.)
− Decrease in Current Liabilities
= Net Cash Flow from Operating Activities
ignore dividend and fix asset information in the problem
so the answer is 882