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A . Prepare a statement of cash flow on both the direct and indirect methods A. Prepare a statement of cash flow on both the
A Prepare a statement of cash flow on both the direct and indirect methods
A. Prepare a statement of cash flow on both the direct and indirect methods Cash Accounts receivable, net Inventory Property, plant & equipment Accumulated depreciation Total Assets Liabilities & Equity Accounts payable Accrued liabilities Common stock Retained earnings Sa les Cost of goods sold Gross profit Operating expenses Pre-tax income Income taxes Net incom 2023 200,000 87,000 55,000 700,000 -100,000 942,000 55,000 36,000 460,000 391,000 942,000 650,000 550,000 180,000 370,000 74,000 296,000 x 2022 170,000 65,000 60,000 600,000 -60,000 835,000 60,000 40,000 460,000 275,000 835,000 Change 30,000 22,000 -5,000 100,000 -40,000 107,000 -5,000 -4,000 116,000 107,000
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