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Prepare a schedule of operating cash flows using the


During the year, Fastfax Company earned net income of $15,000. Beginning and ending balances for the year for selected accounts are as follows:

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There were no financing or investing activities for the year. The above balances reflect all adjustments needed to adjust net income to operating cash flows.

Required:

Prepare a schedule of operating cash flows using the indirect method. 

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Managerial Accounting: Prepare a schedule of operating cash flows using the
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