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Master of Science Programsa ACCT6305-Accounting for Managers UT DALLAS Assignment 03: Statement of Cash Flows Due: Upload by the beginning of Session 5 Data: Balance
Master of Science Programsa ACCT6305-Accounting for Managers UT DALLAS Assignment 03: Statement of Cash Flows Due: Upload by the beginning of Session 5 Data: Balance sheets and an income statement for the fictional-company XYZ are attached. T Requirement CF statement showing both the direct and indirect formats.Also assume that the following - Prepare the statement of cash flows of XYZ for 2013. Please prepare the operating section of the occurred during 2013:T purchased $ 10 of plant assets during the yearT . . -Depreciation of $8 is included in selling, general and administrative expenses (SG&A)T - You may wish to take the approach from class to compute cash from operations: 1) Prepare the indirect method, 2) assign the indirect method adjustments to income statement lines to prepare the direct method
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