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Lindsey Herrmann has completed the basic format to be used in preparing the statement of cash flows (indirect method) for Longhorn Consultants. Listed below in
Lindsey Herrmann has completed the basic format to be used in preparing the statement of cash flows (indirect method) for Longhorn Consultants. Listed below in random order are line items to be included in the statement of cash flows. Required: Prepare the statement of cash flows for Longhorn Consultants using the indirect method. (Amounts to be deducted and negative values should be indicated by a minus sign.) LONGHORN CONSULTANTS Statement of Cash Flows For the Year Ended December 31, 2024 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities
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