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prepare a statement of cashflows-- indirect method and compute free cash flow Presented below are the financial statements of Warner Company. Additional data: 1. Depreciation
prepare a statement of cashflows-- indirect method and compute free cash flow
Presented below are the financial statements of Warner Company. Additional data: 1. Depreciation expense was $17,500. 2. Dividends declared and paid were $20,000. 3. During the year equipment was sold for $8,500 cash. This equipment cost $18,000 originally and had accumulated depreciation of $9,500 at the time of sale. a. WARNER COMPANY statement of cash flows and the Statement of Cash Flows For the Year Ended December 31, 2025 b. Free cash flow Step by Step Solution
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