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Compute the cost of goods manufactured and cost of goods sold for Crystal Bay Company for the most recent year using the amounts described next.
Compute the cost of goods manufactured and cost of goods sold for Crystal Bay Company for the most recent year using the amounts described next. Assume that raw materials inventory contains only direct materials. (30%) 4. 2. Use the following appropriate information and determine the operating activities section of statement of cash flow using the indirect method. (25%) Gain on Disposition of Equipment.. Amortization Expense.. 1,500 Cash from Reissuing Treasury Stock..1,000 2,500 500 Cash Dividend Paid... 100 10,000 1,850 300 Increase in Prepaid Expenses... Decrease in Income Tax Payable... Loss of Disposition of Investmen..20,000 1,550
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