Bbb companys balance sheet and income statement, Ask an Expert

Finance

BBB Company's balance sheet and income statement follow:

48_Table 3.jpg

Supplemental information:
Dividends declared and paid $ 4,350
Land sold for cash 1,800
Equipment purchased for cash 3,500
Common stock sold for cash 3,800

Required
a. Prepare a statement of cash flows for the year ended December 31, 2011. (Present the cash flows from operations using the indirect method.)

b. Comment on the statement of cash flows.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92072833

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