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Please help with my managerial accounting hw thanks! 12-5 Exercise The following information is available for Tamarisk, Inc. for the year ended December 31, 2017.
Please help with my managerial accounting hw thanks!
12-5 Exercise The following information is available for Tamarisk, Inc. for the year ended December 31, 2017. 47,205 Beginning cash balance Accounts payable decrease 3,881 Depreciation expense 169,938 8,602 Accounts receivable increase Inventory increase 11,539 298,021 Net income Cash received for sale of land at book value 36,715 Cash dividends paid 12,588 Income taxes payable increase 4,930 Cash used to purchase building 303, 161 Cash used to purchase treasury stock 27,274 Cash received from issuing bonds 209,800 Prepare a statement of cash flows using the indirect method (Show amounts that decrease cash flow with either a sign e.g. -15,000 or in parenthesis e g. (15.000). Tamarisk, Inc. Statement of Cash Fl Method ows-IndirectStep by Step Solution
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