section*{Instructions} (a) Prepare a statement of cash flows using the indirect method. (b) Compute the following cash

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\section*{Instructions}

(a) Prepare a statement of cash flows using the indirect method.

(b) Compute the following cash basis ratios:
(1) Current cash debt coverage ratio.
(2) Cash return on sales ratio.
(3) Cash debt coverage ratio.
Prepare a statement of cash flows-direct method. \((504,5)\)
Prepare a statement of cash flows-indirect method. (SO 3 )

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