Question: A corporation prepared a cash flow statement using the indirect method with interest paid of $7,000 taxes paid of $20,000 inventory increased by $1500, accounts

A corporation prepared a cash flow statement using the indirect method with interest paid of $7,000 taxes paid of $20,000 inventory increased by $1500, accounts receivable reduced by $3,000 and a cash flow per share of .40 cents. Which one of the following does NOT need to be disclosed?

Interest paid

Taxes paid

Change in inventory

Cash flow per share

Change in accounts receivable

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!