Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

Exercise 27

Using a Spreadsheet to Answer "What If" Management Decisions (Indirect or Direct Method)
Change the amounts for selected balance sheet accounts in the spreadsheets created for either S12-7 or S12-8 to calculate the net cash flows from operating activities if, just before the current year-end, the company's management took the actions listed in the following requirements. Consider each question independently, unless indicated otherwise.
Required:
1. What if the company collected $10,000 of the accounts receivable
2. What if the company had paid down its interest payable by an extra $2,000
3. What if the company waited an additional month before paying $6,000 of its accounts payable
4. What if the company had reported $5,000 more depreciation expense
5. What if all four of the above events had taken place at the same time