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Author Question: The following information was gathered from Brandon Corporation's financial records:Net ... (Read 77 times)

mimie

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on: Feb 5, 2023
The following information was gathered from Brandon Corporation's financial records:

Net income$65,000
Depreciation expense12,000
Beginning cash balance22,000
Decrease in accounts receivable12,000
Increase in inventory8,000
Decrease in accounts payable6,000
Decrease in accrued liabilities2,000
Proceeds from bank loan25,000
Payment of dividends to stockholders16,000
Purchase of land35,000

Required:

Using the indirect method, prepare a statement of cash flows for Brandon Corporation. Omit the statement heading.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by mimie on Feb 5, 2023

avelasquez

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mimie

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

strudel15

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Reply 3 on: Yesterday
Excellent

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