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subject accounting urgent please help Instructions: a .Using the above information, prepare the complete statement of cash flows for the year ended December 31, 2021,

subject accounting
urgent please help image text in transcribed
Instructions:
a .Using the above information, prepare the complete statement of cash flows for the year ended December 31, 2021, showing the computation of the net
cash flows from operating (by the indirect method), investing and financing activities.
b.Identify three factors that may cause net income to differ from net cash flows from operating activities.
c.Explain the difference between the direct and indirect methods of computing net cash flows from operating activities. Which method results in higher net
cash flows?
d. Discuss strategies for improvements in cash flow.
EXERCISE 3 The following data is taken from the Financial Statements of Namaste Corporation for 2021: Jan. 2021 Dec. 2021 Income Statement: Net Income 633,000 Depreciation Expense 125,000 Amortization Expense 252,000 Gain on sale of building 389,000 Accounts Receivable 323,000 292,000 Inventory 558,000 521,000 Prepaid Expenses 17,000 33,000 Accounts Payable 137,000 187,000 Income taxes payable 91,000 82,000 Sold a building for 795,000 cash. Paid 100,000 dividend to stockholders. Collected the principal of a loan made to a borrower in the amount of 65,000. Paid 85,000 as repayment of long-term debt. Invested 235,000 in marketable securities. The balance of the cash account on January 1, 2021 was 361,000. Balance Sheet: Additional information

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