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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
(Learning Objectives 2, 3: Prepare the statement of cash flows—indirect method) The 2014 and 2013 comparative balance sheets and 2014 income statement of Sommar Medical Supply Corp. follow:
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Sommar Medical Supply had no noncash investing and financing transactions during 2014. During the year, there were no sales of land or equipment, no payment of notes payable, no retirements of stock, and no treasury stock transactions.
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