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I'm trying to figure out how the textbook came up with (1320) in the Indirect Method of Cash Flows Statement from the numbers in the
I'm trying to figure out how the textbook came up with (1320) in the Indirect Method of Cash Flows Statement from the numbers in the first picture.... help?
Revenue Cost of goods sold Depreciation inventories Administrative expenses Interest expense Federal and state taxes" Accounts payable Accounts receivable Net fixed assets Long-term debt Notes payable Dividends paid Cash and marketable securities 2010 2011 $4,000 $4.100 1,600 1,700 500 520 300 350 500 550 150 150 400 420 300 350 400 450 5,000 5,B00 2,000 2,400 600 1,000 410 410 800 300
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