Please help with this thanksSolution Partial statement of ca
Please help with this thanks
Solution
Partial statement of cash flows For the Year Ended November 30, 2017 Cash flows from operating activities Net income 1736000 Adjustments to reconcile net income to Net cash provided by operating activities activities: Depreciation expense 111400 Decrease in inventory 285600 Decrease in accrued expenses payable -98300 Increase in prepaid expenses -149300 Decrease in accounts receivable 373000 Decrease in accounts payable -343300 179100 Net cash provided by operating activities 1915100