Method Refer to the information for Stewart Company in E21-11. In exercise Required: Based only on the
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Based only on the information presented and using the direct method, prepare the cash flows from operating activities section of the 2016 statement of cash flows for Stewart using the spreadsheet method
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Sales Cost of goods sold Other expenses Loss on sale of equipment Goin on sale of land Net income Condensed Income Stetement for 2016 $9,000 (6,000) (2,000) (260) 1,140
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Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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