The accounting records of Capitol Distributors, Inc., reveal the following: Requirement 1. Compute cash flows from operating
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Requirement
1. Compute cash flows from operating activities by the indirect method. Use the format of the operating activities section of Exhibit 12-6. Also evaluate the operating cash flow of Capitol Distributors. Give the reason for yourevaluation.
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19,000 Depreciation expense.... 7,000 Payment of interest.... Increase in current asscts Payment of dividends 29,000 7,300 . 8,000 it8,000 Paymenter tn 38,000 Payment
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Related Book For
Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
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