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Prepare a statement of cash flows-indirect method, and compute free cash flow (LO 2, 3) The following are the financial statements of Nosker Company. NOSKER
Prepare a statement of cash flows-indirect method, and compute free cash flow (LO 2, 3) The following are the financial statements of Nosker Company. NOSKER COMPANY Comparative Balance Sheets December 31 2019 2018 ssets Cash Accounts receivable Inventory Equipment Accumulated depreciation-equipment(29,000)(24,000) S 38,000$ 20,000 14,000 20,000 78,000 30,000 27,000 60,000 Total $126,000$108,000 Liabilities and Stockholders' Equity Accounts payable Income taxes pavable Bonds payable Common stock Retained earnings $ 24,000 15,000 8,000 33,000 14,000 38,000 $126,000 $108,000 7,000 27,000 18,000 50,000 Total
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