Question
Ford Motor Company provided the following financial data for the year 2023: Item Amount Net Income $4,500,000 Depreciation Expense $800,000 Increase in Accounts Receivable $450,000
Ford Motor Company provided the following financial data for the year 2023:
Item | Amount |
Net Income | $4,500,000 |
Depreciation Expense | $800,000 |
Increase in Accounts Receivable | $450,000 |
Decrease in Inventory | $450,000 |
Increase in Accounts Payable | $3450,000 |
Dividends Paid | $750,000 |
Prepare the cash flow statement using the indirect method for Ford Motor Company for the year ending December 31, 2023.
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Contemporary Mathematics
Authors: OpenStax
1st Edition
1711470554, 978-1711470559
