Question: The indirect method is used to report cash flows from operating activities a. Loos on sale of land, More Info Operating activity addition to net


The indirect method is used to report cash flows from operating activities a. Loos on sale of land, More Info Operating activity addition to net income (O) or subtraction from net income (0) . Investing activity-cash inflow (l.) or cash outflow (-) Financing activity-cashflow (F+) or cash outflow (F.) Non-cash investing and financing activity (NIF) Activity that is not used to prepare the indirect statement of cash flows (N) . Print Dono The income statement and inal data of Supplements Plus, the follow Click toon to view the income statement) Hack the icon to view the additional data) Prepare supplements Plus's Matement of cash flows for the year and faptuber 30, 2016 in the indirect and includes section for rocash investing and for at Conclete the strement one section at a time, beginning win the countows ton operating c. (Usein now for another stort on the nort, we box nostaabelor ester) Supplement, , , Sant of Cashews Yew Teed September 30, 2011 Cash Flow from Operating Activite Matments to conote Not Income to Net Cash Provided by Used for Operating Active Choose from any list of emer any number in the input fields and then click Check Answer more info HW Score: 22.73%, 0.91 of 4 pts sta of Suppleme tatement of cash flows Data Table a time, beginn Incestamant Supplements Statement of ar Ended Septe 121.000 Acquisition of plant assets is 5117,000 of this amount, 5106,000 is paid in cash and 511,000 by signing a note payable b. Cash receipt from sale of land total $20,000. There was no gain or los Cash receipts from issuance of common stock foto $27.000 d. Payment of not payable is $10,000 Payment of dividends is $13,000 1. From the balance sheet September 30 2018 2017 Cash $ 38,000 $ 25,000 Accounts Receivable 44,000 54.000 Merchandise inventory 89.000 81.000 Land 54,000 80.000 Plant Assets 147.000 30,000 Accumulated Depreciation (56.000) (32.000) 40.000 24,000 Accounts Payable Accrued Liabilities 15.000 20.000 11.000 10.000 Notes Payable (long-term) 39.000 12.000 Common Stock, no par moto Not Cash Activities Cost of Goods Gross Profit Operating Expenses Salaries Expense Depreciation Expense-Patissa Total Operating Expenses Not Income Before Income Tees Income Tax Expense Net Income 18.00 24.000 3,000 50.000 od 5 Print Done 2 Print Done umber in the inp CA Clear A
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