Windsor, Inc. reported a net loss of $12900 for the year ended December 31, 2022. During the year, accounts receivable decreased $6450, inventory increased $10320, accounts payable increased by $12900, and depreciation expense of $7740 was recorded. During 2022, operating activities provided net cash of $9030. provided net cash of $3870. used net cash of $9030. used net cash of $3870.
Windsor, Inc. reported a net loss of $12900 for the year ended December 31, 2022. During the year, accounts receivable decreased $6450, inventory increased $10320, accounts payable increased by $12900, and depreciation expense of $7740 was recorded. During 2022, operating activities provided net cash of $9030. provided net cash of $3870. used net cash of $9030. used net cash of $3870.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter23: Statement Of Cash Flows
Section: Chapter Questions
Problem 4SEA
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Windsor, Inc. reported a net loss of $12900 for the year ended December 31, 2022. During the year,
provided net cash of $9030.
provided net cash of $3870.
used net cash of $9030.
used net cash of $3870.
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