The following are the income statement and other data or Tanson dron Specialists, Inc.. Income Statement For the year ended December 31, 2015 Sales
The forthcoming are the proceeds declaration and other facts or Tanson dron Specialists, Inc..
Income Declaration For the year ended December 31, 2015
Cost of issue sold $230,000
Gross margin $290,000
Operating expenses (other than deterioration) $70,000
Depreciation expense $30,000
Net proceeds $190,000
Changes in ordinary possessions (other than coin) and ordinary liabilities during the year were:
Accounts receivable $20,000
Merchandise inventory $30,000
Prepaid insurance $10,000
Accounts payable $22,000
Accrued liabilities payable $5,000
Depreciation was the solely noncoin ace important net proceeds.
a. Lay a launched Nursing essay to count coin flows from bounteous activities below the trodden
b. Lay the coin flows from bounteous activities exception of the declaration of coin flows below
the trodden system.
c. Prove that the identical coin flows quantity is obtained below the introdden system by preparing the
coin flows from bounteous activities exception of the declaration of coin flows below the unconnected
system. You want not lay a launched Nursing essay.