The following information is available for Stamos Corporation for the year ended December 31, 2025. Instructions Prepare
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The following information is available for Stamos Corporation for the year ended December 31, 2025.
InstructionsPrepare a statement of cash flows using the indirect method.
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Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds $ 45,000 3,700 162,000 8,200 11,000 284,100 35,000 12,000 4,700 289,000 26,000 200,000
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Accounting Tools For Business Decision Making
ISBN: 9781119791058
8th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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