Coca-Cola Company provides the following details for the year ended December 31, 2024: Net Income: $1,500,000 Depreciation
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Question:
Coca-Cola Company provides the following details for the year ended December 31, 2024:
- Net Income: $1,500,000
- Depreciation Expense: $200,000
- Changes in Accounts Receivable: $100,000 (decrease)
- Changes in Inventory: $50,000 (increase)
- Changes in Accounts Payable: $80,000 (increase)
- Purchase of Equipment: $300,000
Prepare a cash flow statement using the indirect method.
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