Refer to all of the facts in Problem 12-3A. Required 1. Using the format in the chapter’s appendix, prepare a statement of cash fl ows work sheet. 2. Prepare a statement of cash fl ows for 2010 using...

Refer to all of the facts in Problem 12-3A. Required 1. Using the format in the chapter’s appendix, prepare a statement of cash fl ows work sheet. 2. Prepare a statement of cash fl ows for 2010 using the indirect method in the Operating Activities section. 3. On the basis of your statement in (2), draft a brief memo to the president to explain why cash decreased during such a profi table year. Include in your explanation any recommendations for improving the company’s cash fl ow in future years



May 26, 2022
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