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Category > Accounting Posted 28 Jul 2017 My Price 8.00

The balance sheet for Plasma Screens Corporation along with additional information is provided below

The balance sheet for Plasma Screens Corporation along with additional information is provided below:

Additional Information for 2012:

1. Net income is $69,000.

2. The company purchases $120,000 in equipment.

3. Depreciation expense is $160,000.

4. The company repays $100,000 in notes payable.

5. The company declares and pays a cash dividend of $25,000.

Required:

Prepare the statement of cash flows using the indirect method.

 

 

 
 

 

Answers

Alpha Geek
(8)
Status NEW Posted 28 Jul 2017 12:07 PM My Price 8.00

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Attachments

file 1501245400-2293896_1_636360331807724666_Plasma-Screens-Corporation.xlsx preview (94 words )
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