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Prepare a cash flow statement for Facebook Inc. for the year ended December 31, 20X4, using the direct method. Use the following information: Cash received
- Prepare a cash flow statement for Facebook Inc. for the year ended December 31, 20X4, using the direct method. Use the following information:
- Cash received from customers: $10,000,000
- Cash paid for operating expenses: $4,000,000
- Cash paid for interest: $500,000
- Cash paid for taxes: $1,500,000
- Purchase of property, plant, and equipment: $2,000,000
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
