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I need help in this question. please do it correctly and 100% 2 The accountant for Consolidated Enterprises Inc. has just finished preparing a consolidated
I need help in this question. please do it correctly and 100%
2 The accountant for Consolidated Enterprises Inc. has just finished preparing a consolidated balance sheet, Income statement and statement of changes in retained earnings for 20X3. The accountant has asked for assistance in preparing a statement of cash flows for the consolidated entity. Consolidated Enterprises holds 80 percent of the stock of Separate Way Manufacturing. The following Items are proposed for inclusion in the consolidated cash flow statement Points 5 points eBook Print Decrease in accounts receivable Increase in accounts payable Increase in inventory Increase in bonds payable Equipment purchased Connon stock repurchased Depreciation reported for current period Gain recorded on sale of equipment Book value of equipent sold Goodwill impairment loss Sales Cost of goods sold Dividends paid by parent Dividends paid by subsidiary Consolidated net income for the year Income assigned to the noncontrolling interest $ 18,eee 11,eee 21, eee 138, eee 397,600 33,00 62,00 10,000 36,00 4, eee 878, eee 342, eee 45, eee 34,000 444, eee 10,000 References Required: Prepare a statement of cash flows for Consolidated Enterprises Inc. Using the Indirect method of computing cash flows from operations. (Amounts to be deducted should be Indicated with a minus sign.) MONIC C AD UNCIDIDY Required: Prepare a statement of cash flows for Consolidated Enterprises Inc. Using the Indirect method of computing cash flows from operations. (Amounts to be deducted should be indicated with a minus sign.) CONSOLIDATED ENTERPRISES INC. AND SUBSIDIARY Consolidated Statement of Cash Flows For the Year Ended December 31, 20X3 Cash Flows from Operating Activities: Adjustments for noncash items: Changes in operating assets and liabilities: Cash Flows from Investing Activities: Cash Flows from Financing Activities: Dividends Paid
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