Problem: Financial Statement Analysis at DEF Other information Approximately 15.0% of DEF's sales are on credit at terms net 30 . All inventory purchases are on credit at terms net 60 . The market value of DEF's common share is $19.80 and it has 140,000 common shares and 60,000 preferred shares outstanding. The preferred shares pay a $0.10 annual dividend. The tax rate is 25.0%. Required: 1. Prepare an indirect cash flow statement for DEF Company. Problem: Financial Statement Analysis at DEF Other information Approximately 15.0% of DEF's sales are on credit at terms net 30 . All inventory purchases are on credit at terms net 60 . The market value of DEF's common share is $19.80 and it has 140,000 common shares and 60,000 preferred shares outstanding. The preferred shares pay a $0.10 annual dividend. The tax rate is 25.0%. Required: 1. Prepare an indirect cash flow statement for DEF Company