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Please do a Statement of Cash flows using the Direct and INdirect. For Financian/investing activities you can just copy the same chart since they are
Please do a Statement of Cash flows using the Direct and INdirect. For Financian/investing activities you can just copy the same chart since they are the same for both methods. I really just need the Indirect vs direct method for operating activities.
11 Prepare a SCF, indirect method. Do the direct method too. Ralston Tool I/S FYE 12/31/x8 31-Dec 31-Dec X8 X7 Sales 363 Cash 89 45 COGS 201 STI 8 0 GM 162 AIR 40 55 Cash Op Exp 15 Inventories 57 62 Salaries 82 Total CIA 194 162 Depreciation 40 Fixed Assets, net 190 110 Interest 2 Total Assets 384 272 IBT 23 Taxes 8 A/P 20 14 NI 15 Int Pay 2 0 Sal Pay 1 2 LTD 100 0 C/S 220 220 R/E 41 36 Total L+S/E 384 272 During year, Ralston bot FIA for 125 , financed partly by LTD. FIA were sold for their book valueStep by Step Solution
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