Prepare the operating activities section of the statement of cash flows for GreenGarden using the indirect method.
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Prepare the operating activities section of the statement of cash flows for GreenGarden using the indirect method.
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Annual Income Statement Data Selected Year-End Balance Sheet Data Sales $50,000 Wages payable decrease .. $3,000 Expenses: Cost of goods sold.. Wages expense... 30,000 Inventory increase 500 10,000 Accounts payable decrease. 1,000 Amortization expense. 1,500 Net income $ 8,500
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Cash flows from operating activitiesindirect method Net income Adjustments to r...View the full answer
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