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Resource: Ch. 12 of Financial Accounting Re...

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Resource: Ch. 12 of Financial Accounting Read the scenario presented in Broaden Your Perspective (BYP) 12-6 on p. 641 in Ch. 12 of Financial Accounting. Prepare the statement of cash flows using the indirect method. The only noncash items are depreciation and the gain on sale from investments. Write a memo to shareholders explaining whether the organization had a performing or underperforming first year. Discuss the reasons for your conclusion, referencing actual numbers from the statement of cash flows you developed. Click the Assignment Files tab to submit your assignment.

 

Paper#12618 | Written in 18-Jul-2015

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