Refer to the data for the Betten Company in Problem15-38. Required: Prepare a statement of cash flows

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Refer to the data for the Betten Company in Problem15-38.

Required:

Prepare a statement of cash flows by using the direct method.

Problem15-38

Betten Company Balance Sheets September 30, 2009 and 2010 2009 2010 Assets $ 2,000 1,500 4,800 9,000 30,000 (8,000) $39,

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Cornerstones of Managerial Accounting

ISBN: 978-0324660135

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Authors: Mowen, Hansen, Heitger

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Question Posted: Feb 03, 2012 07:08 AM

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Refer to the data for the Betten Company in Problem15-38. Required: Prepare a statement of cash flows

Question:

Betten Company Balance Sheets September 30, 2009 and 2010 2009 2010 Assets $ 2,000 1,500 4,800 9,000 30,000 (8,000) $39,300 Cash $11,000 500 Marketable securities 3,800 10,400 20,000 (5,000) $40,700 Accounts receivable Inventory Plant and equipment Accumulated depreciation Total assets

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Cornerstones of Managerial Accounting

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