The 2020 cormparative balance sheet and income atatement of 4 Seasons Supply Corp. follow 4 Seasona had no non-cash investing and financing truntuchises during 2020. During the year, there were no cales of land or equipment, no issunince of noted piyable, and no repurchase of uares trarizations. EIA (Cliok the icon to view the comparative balance sheet.) Requirements (Click the icon to view the income statnment.) 1. Prepare the 2020 statement of cash flows, formatting operating actwities by using the indirect method. 2. How will what you leamed in this problem help you evaluate an investment? Requirement 1. Prepare the 2020 statement of cash flows, formatting operating activities by using the indirect methoit Start by completing the cosh flows from operating activities. Then, continue with completing the investing and financing actlvities sectiols. Finily. detainine the net increase in cash. (Use a minus sign or parentheses for subtracting numbers that are typically shown enclosed in parentheses in a stateinent of ceth flam.) no non-cash investing and financing transactions during 2020. During the year, there were n or equipment, no issuance of notes payable, and no repurchase of thares transactions. IIB (Click the icon to view the comparative balance sheet.) IB (Click the icon to view the ntatement.) Requirements 1. Prepare the 2020 ntatement of cash fows, fomatting operating activities by using the indusct m 2. How will what you leamed in this problein helpyou exaluate an inveatment? Comparative balance sheet Requirement 1. Prepare the 2020 statement of cash flows, formatting operating activi indirect method. Start by completing the cash flows from operating activities. Then, continue with comp and financing activities sections. Finally, determine the net increase in cash, (Use a mi parentheses for subtracting numbers that are typically shown enclosed in pareathese cash flows.) 4 Soasons Supply Corp. Statement of Cash Flows For the Year Ended December a1, 2080 Cash flows from operating octivities Income statement Requirements 1. Prepare the 2020 statement of cash flows, formatting operating activilies by using the indirect method. 2. How will what you learned in this problem help you evaluate an investment? Requirement 1. Prepare the 2020 statement of cash flows, formatting operating activities by using the indirect method. Start by completing the cash flows from operating activities. Then, continue with completing the investing and financing activities sections. Finally, determine the net increase in cash. (Use a minus sign or parentheses for subtracting numbers that are typically shown enclosed in parentheses in a statement of cash flows.)
