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in order to prepare the statement of cash flows for royal corporation for 2018 direct method 111, Cash Flow Statement-direct method (25%) In order to
in order to prepare the statement of cash flows for royal corporation for 2018 direct method
111, Cash Flow Statement-direct method (25%) In order to prepare the statement of cash flows for Royal Corporation for 2018, the accountant has compiled the following data regarding cash flows: $48,000 $75,000 $19,500 $18,000 43,500 $27,000 $31,500 $36,000 $681,000 $531,000 $118,500 $201,000 $58,500 73,500 hases of marketable securities roceeds from sales of marketable securities nterest and dividends received nterest paid axes paid vidends paid roceeds from short-term borrowing ayments to settle short-term debts (principal repaid) h received from customers Proceeds from issuing capital stock roceeds from sales of plant assets Cash paid to suppliers and employees urchases of plant assets h and cash equivalents, beginning of year On the basis Corporation, showing the computation of net cash flows from operating activities by the direct method. of the above information, prepare a complete statement of cash flows for RoyalStep by Step Solution
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