Question: Assignment: M3 -Graded Problems 2. O 5. O Exercise 6-26 Preparing a Statement of Cash Flows from Changes in Balance Sheet Accounts The comparative balance
Assignment: M3 -Graded Problems 2. O 5. O Exercise 6-26 Preparing a Statement of Cash Flows from Changes in Balance Sheet Accounts The comparative balance sheets of Incloud Airlines show the following information for a recent year (amounts in thousands of US) % 40,308. Increase 15,351 Decrease Accounts Rec Inantories 15,117 Increase 16,776 Increase Increase 264,088 Increase 8,711 Increase 40 Decree 114,506 Incese 244,285 Incease 40,026 Increase 96,991 Increase 40,879, Increase Property, Plart, and Eevigment (at Cost) ....1,134,644 Retained Eannings Cash mes 5378 511 t e beginning of the year and $418,819 at the and of the yew eded Kidines tll any property. plant, and aqipment during the yea ide for the year. Treat changes in non-operating assets as investing transactions and c Prepare a statement of cash flows for Incloud Airlines inancing transactions. Use the minus sign to indicate cash outflows or any decrease in cash
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