Question: Exercise 4-21 (Algo) Statement of cash flows; direct method [LO4-8] Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises.
Exercise 4-21 (Algo) Statement of cash flows; direct method [LO4-8] Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. Required: Prepare the cash flows from operating activities section of Tiger's 2021 statement of cash flows using the direct method. Assume tha ali purchases and sales of inventory are on account, and that there are no anticipated bad debts for accounts receivable. (Amounts be deducted should be indicated with a minus sign. Enter your answers in thousands.)
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