Problem

(L.OBJ. 3) Computing cash flows from operating activities—indirect method [10 min] Stre...

(L.OBJ. 3) Computing cash flows from operating activities—indirect method [10 min]

Street Cellular accountants have assembled the following data for the year ended June 30, 2012:

Requirement

1. Prepare the operating activities section using the indirect method for street Cellular’s Statement of Cash Flows for the year ended June 30, 2012.

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