Teal Ltd. reported 2022 net income of HK$157,040. During 2022, accounts receivable increased by HK$13,520 and accounts payable increased by HK$9,880. Depreciation expense was HK$45,760. Prepare the cash flows from operating activities section of the statement of cash flows (amounts in thousands). (Show amounts that decrease cash flows with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to > > > TEAL LTD Cash Flow Statement HK$ HK$ HK$

Teal Ltd. reported 2022 net income of HK$157,040. During 2022, accounts receivable increased by HK$13,520 and accounts payable increased by HK$9,880. Depreciation expense was HK$45,760. Prepare the cash flows from operating activities section of the statement of cash flows (amounts in thousands). (Show amounts that decrease cash flows with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to > > > TEAL LTD Cash Flow Statement HK$ HK$ HK$

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 13MCQ

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