question archive Current Attempt in Progress The following information is available for Stamos Corporation for the year ended December 31, 2020
Current Attempt in Progress The following information is available for Stamos Corporation for the year ended December 31, 2020
Subject:BusinessPrice: Bought3
Current Attempt in Progress The following information is available for Stamos Corporation for the year ended December 31, 2020. Beginning cash balance $49.000 Accounts payable decrease 3.700 Depreciation expense 163,000 Accounts receivable increase 7.800 Inventory increase 12.000 Net income 270.700 Cash received for sale of land at book value 34,000 Cash dividends paid 13,000 Income taxes payable increase 4,300 Cash used to purchase building 290,000 Cash used to purchase treasury stock 24,000 Cash received from issuing bonds 203,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with mrenthelsea (15.0001 STAMOS CORPORATION Statement of Cash Flows-Indirect Method December 31, 2020 Cash Flows from Operating Activities Net Income $ Adjustments to Reconcile net income to Cash Flows from Operating Activities $ > < >
