Seth Erkenbeck, a recent college graduate, has just completed the basic format to be used in preparing
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Seth Erkenbeck, a recent college graduate, has just completed the basic format to be used in preparing the statement of cash flows (indirect method) for ATM Software Developers. All amounts are in thousands (000s).
Listed below in random order are line items to be included in the statement of cash flows.
Required:
Prepare the statement of cash flows for ATM Software Developers using the indirect method.
Transcribed Image Text:
ATM SOFTWARE DEVELOPERS Statement of Cash Flows For the year ended December 31, 2024 Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flows from operating activities: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Net increase (decrease) in cash Cash at the beginning of the period Cash at the end of the period $ 3,765 7,510 $11,275
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ANSWER ATM SOFTWARE DEVELOPERS Statement of Cash Flows Indirect Method For the year ended December 3...View the full answer
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