Question
Walmart Inc. provided the following financial data for the year 2023: Item Amount Net Income $12,000,000 Depreciation Expense $2,400,000 Increase in Accounts Receivable $1,200,000 Decrease
Walmart Inc. provided the following financial data for the year 2023:
Item | Amount |
Net Income | $12,000,000 |
Depreciation Expense | $2,400,000 |
Increase in Accounts Receivable | $1,200,000 |
Decrease in Inventory | $1,100,000 |
Increase in Accounts Payable | $1,000,000 |
Dividends Paid | $2,000,000 |
Prepare the cash flow statement using the indirect method for Walmart Inc. for the year ending December 31, 2023.
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
