Effect of income taxes on statement of cash flows. Radio Shack reported a balance in Income Taxes
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Effect of income taxes on statement of cash flows. Radio Shack reported a balance in Income Taxes Payable of $78.1 million at the beginning of Year 13. $60.1 million at the end of Year 13, and income tax expense for the year of $161.5 million. Using the format of Exhibit 4.12, indicate the effects of all these transactions on Radio Shack's statement of cash flows for Year 13.
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Financial Accounting Introduction To Concepts Methods And Uses
ISBN: 9780324222975
11th Edition
Authors: Clyde P. Stickney, Roman L. Weil
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