Use the following financial statements and additional information to prepare a complete statement of cash flows for the year ended December Year The cash provided or used by operating activities should be reported using the direct method, and compute the company's cash flow on total assets ratio for Year
tabletableDerby CompanyBalance SheetsAt December Assets:Year Year CashAccounts receivable, net,Merchandise inventory,Prepaid expenses,EquipmentAccumulated depreciationEquipment,Total assets,
