Question
Prepare the cash flow statement for Al Rajhi Bank for the fiscal year 2023 using the indirect method. The bank reported the following information: Net
Prepare the cash flow statement for Al Rajhi Bank for the fiscal year 2023 using the indirect method. The bank reported the following information:
- Net Income: SAR 50,000,000
- Depreciation Expense: SAR 10,000,000
- Increase in Accounts Receivable: SAR 5,000,000
- Decrease in Accounts Payable: SAR 3,000,000
- Purchase of Property, Plant, and Equipment: SAR 20,000,000
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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
