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The following Information pertalns to Guy's Gear Company: Required: Present the operating actlivitles sectlon of the statement of cash flows for Guy's Gear Company using
The following Information pertalns to Guy's Gear Company: Required: Present the operating actlivitles sectlon of the statement of cash flows for Guy's Gear Company using the Indirect method. (Amounts to be deducted should be indicated with a minus sign.) MeadowLand operates amusement parks In the United States and Canada. During 2018, It reported the following (In millions): Equipment costing $206 was purchased during the year. Required: For the equipment that was disposed of during the year, compute the following: (a) Its original cost, (b) Its accumulated depreclation, and (c) the cash recelved from the disposal. (Enter your answers in millions.) Suppose your company reports $235 of net Income and $55 of cash dividends pald, and its comparatlve balance sheet Indicates the following. Required: 1. Prepare the operating actlvitles sectlon of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)
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