Condensed financial data of Fairchild Company for 2012 and 2011 are presented below and on page 1486.
Question:
Condensed financial data of Fairchild Company for 2012 and 2011 are presented below and on page 1486.
Additional information:
During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2012. Cash dividends were $260.
Instructions
Prepare a statement of cash flows using the indirect method.
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FAIRCHILD COMPANYSTATEMENT OF CASH FLOWSFOR THE YEAR ENDED DECEMBER 31 2012 Cash flows f...View the full answer
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