E L poru Uy upeliulis. Prepare a stateme of Pouchie Coin re a statement of...
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Accounting
E L poru Uy upeliulis. Prepare a stateme of Pouchie Coin re a statement of cash flows-indirect method The financial statements chie Co. included the following information for the year ended December 31, Problem 9.24 LO 10 2016 (amounts in millions): Depreciation and amortization expense.... ......$ 520 Cash dividends declared and paid........... 660 Purchase of equipment ........................... 1.640 Net income ............. 768 Beginning cash balance ............................ 240 Proceeds of common stock issued.... 296 Proceeds from sale of building (at book value). ...... 424 Accounts receivable increase Ending cash balance... Inventory decrease ... Accounts payable increase
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