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The income statement and additional data of Norman Travel Products, Inc., follow: (Click the icon to view the income statement.) 1 (Click the icon to
The income statement and additional data of Norman Travel Products, Inc., follow: (Click the icon to view the income statement.) 1 (Click the icon to view the additional data.) Requirements 1. Prepare Norman's statement of cash flows for the year ended December 31,2021 , using the indirect method. 2. Evaluate the company's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the rationale for your evaluation. Requirement 1. Prepare Norman's statement of cash flows for the year ended December 31,2021 , using the indirect method. The income statement and additional data of Norman Travel Products, Inc., follow: (Click the icon to view the income statement.) (Click the icon to view the additional data.) Requirements 1. Prepare Norman's statement of cash flows for the year ended December 31, 2021, using the indirect method. 2. Evaluate the company's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the rationale for your evaluation. Requirement 2. Evaluate Norman's cash flows for the year. In your evaluation, mention all three categories of cash flows and give the rationale for your evaluation. Norman's cash flows look are the main source of cash. The company invested in new assets The financing transactions included All of these signs are The income statement and additional data of Norman Travel Products, Inc., follow: (Click the icon to view the income statement.) i) (Click the icon to view the additional data.) Requirements 1. Prepare Norman's statement of cash flows for the year ended December 31,2021 , using the indirect method. 2. Evaluate the company's cash flows for the year. In your evaluation, 1 Data table ancing activities. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) The income statement and additional data of Norman Travel Products, Inc., follow: Click the icon to view the income statement.) (Click the icon to view the additional data.)
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