Prepare a statement of cash flows for the year ended


BBB Company's balance sheet and income statement follow:

48_Table 3.jpg

Supplemental information:
Dividends declared and paid $ 4,350
Land sold for cash 1,800
Equipment purchased for cash 3,500
Common stock sold for cash 3,800

Required
a. Prepare a statement of cash flows for the year ended December 31, 2011. (Present the cash flows from operations using the indirect method.)

b. Comment on the statement of cash flows.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Prepare a statement of cash flows for the year ended
Reference No:- TGS01720885

Expected delivery within 24 Hours