Question: Problem 16-2 Prepare statement of cash ows under the indirect method (L.O.4) The following comparative balance sheets and other data are for Cellular Telephone Sales,

(L.O.4) The following comparative balance sheets and other data are for Cellular

Problem 16-2 Prepare statement of cash ows under the indirect method (L.O.4) The following comparative balance sheets and other data are for Cellular Telephone Sales, Inc Cemparabive Blae Sheets Deceminr 31,2013 and 2012 013 2012 76,10 6,07 51000 342s0 Cash Accounts eceivable, net Merchandise invenbory Supplies on hand Prepaid expenses Land 1.750 1200 2.550 1,300 142,500 100,000 270,000 Total assets Liabilities aad Stockbodrs quity

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