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Required: Prepare the statement of cash flows for Metagrobolize Industries using the indirect method. Note: Enter your answers In thousands ( I . e .
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Prepare the statement of cash flows for Metagrobolize Industries using the indirect method. Note: Enter your answers In thousands Ie should be entered as Amounts to be deducted should be Indlcated with a minus sign.Comparative balance sheets for and and a statement of Income for are glven below for Metagrobolize Industries.
Additional information from the accounting records of Metagrobolize also is provided.
Additonal Information from the accounting records:
a On December acquired the use of land with a finance lease. Annual payments of $ on the llability are pald at the
end of each year beginning in
b During equipment with a cost of depreclated was sold.
c The statement of shareholders' equity reveals reductions of $ and $ for stock dividends and cash dividends,
respectlvely.
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