Using the data presented in P10 17 a Prepare a worksheet
Using the data presented in P10-17:
a. Prepare a worksheet to develop a consolidated statement of cash flows for 20X3 using the direct method of computing cash flows from operations.
b. Prepare a consolidated statement of cash flows for 20X3.
In P10-17


The consolidated income statement for 20X3 contained the following amounts:


Metal and Ocean paid dividends of $30,000 and $20,000, respectively, in20X3.
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