Statement of Cash Flow (Indirect Method)
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Could someone please explain the adjustment section conceptually and how one can tell if the adjusted amount should be removed (negative #) or added (positive #)? Thanks!
| Cash flow from operating activities | ||
| NI | 95000 | |
| Adjustments: | ||
| Gain from HFT | -2500 | |
| Inc in AR | -13000 | |
| Dec in inventory | 12000 | |
| Dec in prepaid expenses | 5000 | |
| Goodwill impairment | 14000 | |
| Depreciation | 30000 | |
| Inc in AP | -10000 | |
| Inc in Accrued Liability | 7000 | |
| IT exp | 20000 | |
| Interest exp | 10000 | |
| Cash generated from OA |
167500 | |
| interest paid | -8000 | |
| income tax paid | -22000 | |
| Net cash from OA |
137500 |
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