Question

Ayayai Corp. reported a net loss of $14100 for the year ended December 31, 2022. During...

Ayayai Corp. reported a net loss of $14100 for the year ended December 31, 2022. During the year, accounts receivable decreased $7050, inventory increased $11280, accounts payable increased by $14100, and depreciation expense of $8460 was recorded. During 2022, operating activities

used net cash of $9870.

used net cash of $4230.

provided net cash of $4230.

provided net cash of $9870.

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Answer #1
Net loss $     (14,100)
Adjustment:-
Add depreciation non cash item $        8,460
Operating activity before working capital adjustment $     (5,640)
Adjustment of working capital
Add:-
Decreasein account receivables $        7,050
Increase in account payable $       14,100
Less:-
Increase in inventory $     (11,280)
Net operating cash generated $        4,230

provided net cash of $4,230

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