Question: Suppose your company reports 160 of net income and

Suppose your company reports $ 160 of net income and $ 40 of cash dividends paid, and its comparative balance sheet indicates the following.
Required:
1. Prepare the operating activities section of the statement of cash flows, using the indirect method.
2. Identify the most important cause of the difference between the company’s net income and net cash flow from operating activities.

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  • CreatedNovember 02, 2015
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