Great Adventures Problem 11-1 The income statement, balance sheet, and additiona
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Question
Great Adventures Problem 11-1
The income statement, balance sheet, and additional information for Great Adventures, Inc., are provided below.
Prepare the statement of cash flows for the year ended December 31, 2017, using the indirect method.(List cash outflows as negative amounts.)
The income statement, balance sheet, and additional information for Great Adventures, Inc., are provided below.
G wells fargo-Google https://secure.waketech.e x M McGraw-Hill Connect! St × Google c Dezto.mheducation.com/hm.tpx?0.016978765776502147-1448920550937 Great Adventures Probler x eChegg Study! Guided Sol xy MCh11 HW#2 (REQUIRED) x(GChegg Study! Guided Sol x x NEW Required Prepare the statement of cash flows for the year ended December 31, 2017, using the indirect method (List cash outflows as negative amounts.) GREAT ADVENTURES, INC. Statement of Cash Flows For the Year Ended December 31, 2017 Cash flows from operating activities Adjustments for noncash effects Changes in current assets and current liabilities Cash flows from investing activities Cash flows from financing activities Cash at the beginning of the period Cash at the end of the period e Ch11 HW#2 (REQUI htm spi62260-ch11-001-0 pdf- Show all downloads 4:08 PMExplanation / Answer
Statement of Cash Flows Net Income 139200 Add: Depreciation 41000 Increase in Accounts Receivable -5500 Increase in Inventory -2500 Increase in Other cUrrent Assets -1550 Increase in Accounts Payable 2550 Increase in tax payable 18100 Cash Flow from Operating Activities 191300
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