CASH FLOW STATEMENT WORKSHEET PROBLEM INDIRECT METHOD a spreadsheet for a statement of cash flows is presented
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CASH FLOW STATEMENT WORKSHEET PROBLEM INDIRECT METHOD
a spreadsheet for a statement of cash flows is presented below along with the following additional information. For the column of "Change," a positive number means an increase and a negative number means a decrease.
Net income was $
Dividends declared $ payable January of next year. On January of the current year, $ was paid for dividends declared for last year.
year bonds with a face value of $ were issued for $ in the year. One year of discount amortization using the straight line method. $ was recorded.
shares of common stocks $ par per share were issued for $
Purchased interest in kent company for $ and classified it as equity method investment in the year. Kent Company reported a net income of $ and declared no dividend for the year.
The preferred stock was converted to an equal number of common shares. The book value was used.
Property, plant, and equipment costing $ were sold for $ The asset had accumulated depreciation of at the date of sale.
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