Answer:
Case X-$6400
Case Y-$93400
Case Z-$102,400
Explanation:
The cash flow from operating activities is calculated by first of all adding back depreciation to net income as well as adjusting for working capital (current assets and liabilities) as well as non-cash item as done below:
Case X Case Y Case Z
$ $ $
net income 4,200 106,000 76,800
depreciation 31,600 8,400 25,600
accounts receivable (42200) (21000) 4,200
inventory 21200 10600 (10,600)
accounts payable 25,400 (23400) 14800
accrued liabilities (46600) 12800 (8400)
Cash flow from operations (6400) 93400 102400
The increase in current liabilities is an additional amount of cash not paid to suppliers which is a positive
The increase in current assets means additional cash tied in working hence it is a negative
