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ch 12 q 7 prepare a statement of cash flows using the indirect method The following information is available for Novak Corporation for the year
ch 12 q 7
prepare a statement of cash flows using the indirect method
The following information is available for Novak Corporation for the year ended December 31,2025 . Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. - 15,000 or in parenthesiseg. (15,000)] Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - signeg- 15,000 or in 385,110 Cash Flows from Investing Activities \begin{tabular}{|l|l|l|} \hline Sale of Land & & 31,500 \\ \hline Purchase of Building & & \\ \hline \end{tabular} Cash Flows from Financing Activities Adjustments to reconcile net income to Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Decrease in Cash Net Increase in Cash Cash Flows from Financing Activities Payment of Dividend 10,800 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either - sign eg. -15,000 or in Cash Flows from Investing Activities Cash Flows from Financing Activities Payment of Dividend \begin{tabular}{|l|l|l|} \hline Issuance of Bonds & 180,000 \\ \hline Purchase of Treasury Stock & \\ \hline \end{tabular} \begin{tabular}{|r|} \hline \\ \hline \end{tabular} 145,800 \begin{tabular}{|l|l|l|} \hline Net Increase in Cash & \\ \hline Cash at Beginring of Period & & 302,310 \\ \hline Cashat End of Period & & 40,500 \\ \hline \end{tabular} Step by Step Solution
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