Prepare a statement of cash flows using the indirect method. ronth The following information is available...

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Prepare a statement of cash flows using the indirect method. ronth The following information is available for Oriole Limited for the year ended December 31, 2024. Oriole follows ASPE Beginning cash balance Accounts payable increase Depreciation expense Accounts receivable increase Inventory decrease Profit for the year Cash received for sale of patent at carrying amount Cash dividends paid $87,900 10,100 106,560 11,900 7,600 191,400 59,500 71,400 Activate V Go to Settings Depreciation expense Accounts receivable increase Inventory decrease Profit for the year Cash received for sale of patent at carrying amount Cash dividends paid Income tax payable decrease Cash used to purchase building Cash received from issuing bonds 106,560 11,900 7,600 191,400 59,500 71,400 4,500 396,300 325,700 Prepare a statement of cash flows using the indirect method. ronth The following information is available for Oriole Limited for the year ended December 31, 2024. Oriole follows ASPE Beginning cash balance Accounts payable increase Depreciation expense Accounts receivable increase Inventory decrease Profit for the year Cash received for sale of patent at carrying amount Cash dividends paid $87,900 10,100 106,560 11,900 7,600 191,400 59,500 71,400 Activate V Go to Settings Depreciation expense Accounts receivable increase Inventory decrease Profit for the year Cash received for sale of patent at carrying amount Cash dividends paid Income tax payable decrease Cash used to purchase building Cash received from issuing bonds 106,560 11,900 7,600 191,400 59,500 71,400 4,500 396,300 325,700

Answer rating: 100% (QA)

Particulars Amount Cash flow from operating activities Net Profit After Tax 191400 Add Tax paya... View the full answer