The records of McKnight Color Engraving reveal the following: Compute cash flows from operating activities by the
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The records of McKnight Color Engraving reveal the following:
Compute cash flows from operating activities by the indirect method for year ended December 31,2014.
Transcribed Image Text:
38000 Depreciation expense 51,000Decrease in current liabilities Net income Sales revenue Loss on sale of land 5,0 Increase in current assets other than cash 4,000 Acquisition of land 39,000 s 4,000 28,000
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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