Royal Corporation uses the indirect method of computing net cash flow from operating activities and reported the following for Year 2: Accounts receivable decreased by $10,300, merchandise inventory increased by $15,300, accounts payable decreased by $4,000, and income taxes payable increased by $18,800. If Royal Corporation reported net income for Year 2 of $157,800 (including $34,800 of depreciation expense), net cash flow from operating activities for Year 2 is:

$202,400

Explanation:

The computation of the net cash flow from operating activities for year 2 is shown below:

= Net income + depreciation expense + decrease in account receivable - increase in merchandise inventory - decrease in account payable + increase in income tax payable

= $157,800 + $34,800 + $10,300 - $15,300 - $4,000 + $18,800

= $202,400

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.

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