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Required information [The following information applies to the questions displayed below.) Lansing Companys 2017 income stat
Required: Prepare the cash flows from operating activities section only of the companys 2017 statement of cash flows using t
Required information The following information applies to the questions displayed below.) Forten Company, a merchandiser, rec
$582,500 285,000 297,500 FORTEN COMPANY Income Statement For Year Ended December 31, 2017 Sales Cost of goods sold Gross prof
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Required: 1. Prepare a complete statement of cash flows; report its operating activities using the indirect method. (Amounts
Cash flows from investing activities Cash flows from financing activities: Net increase (decrease) in cash Cash balance at be
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Answer to Question 1:

LANSING COM PANY Cash Flows from Operating Activities Indirect Activities For Year Ended December 31, 2017 Cash flows from Op

Answer to Question 2:

Forten Company Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from Operating Activities Net Income 1

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