Question: E11-18A. (Learning Objective 3: Computing cash flows from operating activitiesindirect method) The accounting records of North East Distributors, Inc., reveal the following: Requirement 1. Compute

E11-18A. (Learning Objective 3: Computing cash flows from operating activities—indirect method) The accounting records of North East Distributors, Inc., reveal the following:

Requirement 1. Compute cash flows from operating activities by the indirect method. Use the format of the operating activities section of Exhibit 11-6. Also evaluate the operating cash flow of North East Distributors. Give the reason for your evaluation.

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