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this is the question The income statement and additional data of Newman Travel Products, Inc follow Click the icon to view the income statement Click

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The income statement and additional data of Newman Travel Products, Inc follow Click the icon to view the income statement Click the icon to vw the additional data) Requirements 1. Prepare Newman's statement of cash flows for the year ended December 31, 2018 using the indirect method 2. Evaluate the company's cash flows for the year in your evaluation mentional three categories of cash flows and give the rationale for your evaluation Requirement 1. Preparo Newman's statement of cash flows for the year ended December 31, 2018, using the indirect method Start by completing the cash flows from operating activities Then complete each section of the statement of cash flows, including the noncash investing and financing activities (Uso parentheses or a minus sign for numbers to be subtracted and for a not decrease in cash Newman Travel Products, Inc. Statement of Cash Flows (Indirect Method) Year Ended December 31, 2018 Cash flows from operating activities: Adjustments to reconcile net income to not cash provided by (used for) operating activities Net cash provided by used for operating activities Help me solve this Demodocs example Get more help Clear all Check answer k: Chapter ... ( Question 6, E11-19A (si... Part 1 of 5 HW Score: 0%, 0 of 25 points O Points: 0 of 5 and additional da w the income si Data table statement of cas any's cash flows pe rationale for you e Newman's stall Hing the noncash cash flows from e parentheses or $ New! Statement 8,000 S 242 000 Year Newman Travel Products, Inc. Income Statement Year Ended December 31, 2018 Revenues Service revenue 234,000 Dividend revenue Expenses Cost of goods sold 94,000 Salary expense 62,000 Depreciation expense 25,000 Advertising expense 3,000 Interest expense 3,300 Income tax expense 9,000 196,300 Net income $ 45,700 Berating activities concile net incon by (used for) op Print Done provided by (used thie Nomadene avaminla Caterholm - More info nt and addition view the incor n's statement Ipany's cash onale for you a. Acquisition or pram assets was $143,000 Uruns amount, $103,000 was paid in cash and $40,000 was financed by signing a note payable b. Proceeds from the sale of land totaled $27,000 c. Proceeds from the issuance of common stock totaled $100,000 d. Payment of a long-term note payable was $21,000 e. Payment of dividends was $14,000 f. From the balance sheets pare Newman he cash flows Use parenthes he noncash Statem December 31, 2018 2017 bperating acti $ Current assets: Cash Accounts receivable Inventory Prepaid expenses reconcile net ed by (used to 150,000 38,000 29,000 9.900 $ 87,100 59,000 61,000 8,100 Current liabilities: Accounts payable Accrued liabilities $ 39,000 18.000 $ 26,000 79.000 hur

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