Question: Prepare a statement of cash flows using the direct method. 15 CHEEYEDE COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31 2020 AND 2015 2020 2019

Prepare a statement of cash flows using the direct method.

15 CHEEYEDE COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31 2020 AND 2015 2020 2019 $1760 $1.180 Receivables 1.780 1.280 Inventory 1,610 1.920 Plant assets 1,880 1.660 Accumulated depreciation (1,220 ) (1,190 ) Long-term investments (held-to-maturity) 1,310 1.400 $7,120 $6,250 Accounts payable $1,170 $880 Accrued liabilities 190 240 Bonds payable 1,390 1,540 Common stock 1,910 1,730

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