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COMPLETE THE INDIRECT METHOD FOR CASH FLOWS find the indirect method The following information is available for the Eldridge Company: Complete the indirect method Eldridge
COMPLETE THE INDIRECT METHOD FOR CASH FLOWS
find the indirect method
The following information is available for the Eldridge Company: Complete the indirect method Eldridge Company Balance Sheets At December 31st 20242023 Assets: Cash Accounts receivable Merchandise inventory Long-term investments Machinery. Accumulated depreciation Total assets. \begin{tabular}{rr} $29,568 & $27,648 \\ 38,616 & 35,280 \\ 87,750 & 74,052 \\ 67,080 & 67,680 \\ 210,600 & 174,600 \\ (40,260) & (37,440) \\ \cline { 1 - 2 }$393,354 & $341,820 \end{tabular} Liabilities: Accounts payable Income taxes payable Bonds payable Total liabilities \begin{tabular}{rr} $78,000 & $48,456 \\ 12,870 & 12,240 \\ 58,500 & 79,200 \\ \hline$149,370 & $139,896 \end{tabular} Equity: Common stock Contributed capital in exoess of par Retained earnings Total equity Total liabilities and equity Step by Step Solution
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