Question

Use the following financial statements and additional information to
(1) Prepare a statement of cash flows for the year ended December 31, 2014, using the indirect method,
(2) Analyze and briefly discuss the statement prepared in part 1 with special attention to operating activities and to the company’s cash level.


Additional Information
a. No dividends are declared or paid in 2014.
b. Issued additional stock for $ 10,000 cash in 2014.
c. Purchased equipment for cash in 2014; no equipment was sold in2014.


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  • CreatedNovember 26, 2013
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