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Complete problem P-F: 16A-37A using cash flows direct method in Excel please and thank you. P-F:16A-37A Preparing the statement of cash flows-direct method Use the
Complete problem P-F: 16A-37A using cash flows direct method in Excel please and thank you.
P-F:16A-37A Preparing the statement of cash flows-direct method Use the Rolling Hills, Inc. data from Problem P-F:16-34A. Requirements 1. Prepare the 2024 statement of cash flows by the direct method. 2. How will what you learned in this problem help you evaluate an investment: -F:16-34A Preparing the statement of cash flows-indirect method with non-cash transactions The 2024 income statement and comparative balance sheet of Rolling Hills, Inc. follow: Additionally, Rolling Hills purchased land of $21,100 by financing it 100% with longterm notes payable during 2024 . During the year, there were no sales of land, no retirements of stock, and no treasury stock transactions. A plant asset was disposed of for $0. The cost and the accumulated depreciation of the disposed asset was $13,410. The plant acquisition was for cash Step by Step Solution
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