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ok t nces Problem 9-24 (Algo) Prepare a statement of cash flows-indirect method LO 10 The financial statements of Pouchie Co. included the following information
ok t nces Problem 9-24 (Algo) Prepare a statement of cash flows-indirect method LO 10 The financial statements of Pouchie Co. included the following information for the year ended December 31, 2019 (amounts in millions): Depreciation and amortization expense Cash dividends declared and paid Purchase of equipment Net income Beginning cash balance Proceeds of common stock issued Proceeds from sale of building (at book value) Accounts receivable increase Ending cash balance Inventory decrease Accounts payable increase POUCHIE CO. Statement of Cash Flows For the Year Ended December 31, 2019 $250 309 838 526 110 Required: Complete the following statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated by a minus sign. Enter your answers in millions (i.e., 5,000,000 should be entered as 5).) Cash flows from operating activities: 188 224 19 199 30 37 (in millions)
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