If these are the missing details:
Quipe Industries provided the following information for the year ending June 30, 2014.
Increase in inventories $ 42
Purchased treasury stock 25
Purchased property and equipment 27
Net income 495
Decrease in accrued income taxes 63
Depreciation and amortization 168
Decrease in accounts payable 15
Increase in accounts receivable 39
Increase in long-term debt 150
Operating Cash flow formula is this:
Operating Cash flow = Net Income +/- Changes in Assets & Liabilities + Non Cash Expenses
Increases in Assets must be subtracted. Decreases in Assets must be added.
Increases in Liabilities must be added. Decreases in Liabilities must be subtracted.
Net Income $ 495
Subtract Uses
Increase in inventories $ 42
Decrease in accrued income taxes 63
Increase in accounts receivable 39
Decrease in accounts payable 15
Add Sources
Depreciation and amortization 168
Total: $504
