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Category > Business & Finance Posted 19 May 2017 My Price 7.00

BBB Company’s balance

BBB Company’s balance sheet and income statement follow:

Supplemental information:

Dividends declared and paid        $ 4,350

Land sold for cash                            1,800

Equipment purchased for cash   3,500

Common stock sold for cash        3,800

Required

a. Prepare a statement of cash flows for the year ended December 31, 2011. (Present the cash flows from operations using the indirect method.)

b. Comment on the statement of cash flows.

 

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Homework Helper
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Status NEW Posted 19 May 2017 12:05 PM My Price 7.00

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