question archive The comparative balance sheets of Barberton Movie Theater Company at September 30, 2016 and 2015, reported the following: Barberton’s transactions during the year ended September 30, 2016, included the following: Requirements 1
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The comparative balance sheets of Barberton Movie Theater Company at September 30, 2016 and 2015, reported the following: Barberton’s transactions during the year ended September 30, 2016, included the following: Requirements 1. Prepare Barberton Movie Theater Company’s statement of cash flows for the year ended September 30, 2016, using the indirect method to report cash flows from operating activities. Report noncash investing and financing activities in an accompanying schedule. 2. Evaluate Barberton’s cash flows for the year. Mention all three categories of cash flows, and give the reason for your evaluation.