Question: Fortune Software Corp. has assembled the following data for the years ending December 3 1 , 2 0 2 1 and 2 0 2 0
Fortune Software Corp. has assembled the following data for the years ending December and Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.
Fortune Software Corp.
Statement of Cash Flows Indirect Method
Year Ended December
Cash flows from operating activities:
Net income
Adjustments to reconcile net income to
net cash provided by used for operating activities:stion list
Fortune Software Corp. has assembled the following data for the years ending December and
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Requirement
Prepare Fortune's statement of cash flows using the indirect method to report operating activities. Include a schedule of noncash investing and financing activities.
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Data table
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December
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