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CASH FLOW ACC 230 WK 5 4.5 Little Bit Inc

CASH FLOW ACC 230 WK 5 4.5 littlebit Inc.,

ACC 230 WK 5 4.5

The following comparative balance sheets and income statement are available for Little Bit Inc. Prepare a statement of cash flows for 2009 using the indirect method and analyse the statement.

SOLUTION PREVIEW
Statement of cash flows (Indirect method)
Little Bit Inc.
Particulars
Amount
Amount
Cash flows from operating activities:
Net Income Before Interest and taxes
8,300
Add depreciation
18,000
Net Income before working capital changes
26,300

File name: Little-Bit-Inc.xls File type: application/vnd.ms-excel Price: $7