sbs2chapter12练习题 Chapter 12 Solutions.doc

sbs2chapter12练习题 Chapter 12 Solutions Exercise 12-5 (continued) The net cash provided by operating activities is computed as follows: Net income Adjustments to convert net income to a cash basis: Depreciation Decrease in accounts receivable Increase in inventory Decrease in prepaid expenses Increase in accounts payable Decrease in accrued liabilities Increase in income taxes payable Loss on sale of long-term investments Gain on sale of land Net cash provided by operating activities 2. Prepare a statement of cash flows for the year $75 $40 10 (30) 5 20 (10) 15 5 Investing and Financing activities: The guidelines from Exhibit 12-3 can be used to analyze the changes in noncash balance sheet accounts that impact investing and financing cash flows as follows: Increase Decrease Noncurrent Assets Property, plant, and equipment Long-term investments in Account in Account Balance Balance ?120 + 40 + 30 ?20