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Please help with indirect cash flow statements! Statement of Cash Flows (Indirect Method) The Artic Company's income statement and conparative balance sheets at December 31

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Statement of Cash Flows (Indirect Method) The Artic Company's income statement and conparative balance sheets at December 31 of the current and the previous year are shown next: Cash dividends of $40,000 were declared and paid during the current year. Plant assets were purchased for cash, and bonds payable were issued for cash. Bond interest is paid semi-annually on June 30 and December 31 . Accounts payable relate to merchandise purchases. Required a. Calculate the change in cash that occurred during the current year. b. Prepare a statement of cash flows using the indirect method. c. Compute the free cash flow. d. Compute the operating-cash-flow-to-current-liabilities ratio. e. Compute the operating-cash-flow-to-capital-expenditures ratio

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