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At the end of their December 3 1 , 2 0 2 3 year - end, Olympia Enterprises Incorporated's financial statements had the following information:
At the end of their December yearend, Olympia Enterprises Incorporated's financial
statements had the following information:
Additional information:
There was no gain or loss on the longterm investments sold or the bonds retired.
Old equipment with an original cost of $ was sold for $
New equipment was purchased for $
Paid dividends of during the year.
Additional shares were issued during the year.
REQUIRED:
Using the indirect method, prepare a statement of cash flows for the year ended December
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