Question: Problem 9 - 2 6 ( Algo ) Prepare a statement of cash flows - indirect method LO 9 - 1 0 The financial statements
Problem Algo Prepare a statement of cash flowsindirect method LO
The financial statements of Pouchie Company included the following information for the year ended December amounts in millions:
Depreciation and amortization expense
Cash dividends declared and paid
Purchase of equipment
Net income
Beginning cash balance
Proceeds of common stock issued
Proceeds from sale of building at book value
Accounts receivable increase
Ending cash balance
Inventory decrease
Accounts payable increase
$
Required:
Complete the following statement of cash flows, using the indirect method.
Note: Amounts to be deducted should be indicated by a minus sign. Enter your answers in millions, ie should be entered as
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