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NOTE: Please dont do half a question. Do both parts. Prepare S&G's 2016 statement of cash flows, using the indirect method to present cash flows

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NOTE: Please dont do half a question. Do both parts.

Prepare S&G's 2016 statement of cash flows, using the indirect method to present cash flows from operating activities. Prepare the cash flows from operating activities section of S&G's 2016 statement of cash flows using the direct method. Assume that ail purchases and sales of inventory are on account, and that there are no anticipated bad debts for accounts receivable

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