View Policies Prepare the operating activities section of the statement of cash flows for the year ended November for Ivanhoe Company.
using the indirect method. Show amounts that decrease cash flow with either a sign eg or in parenthesis eg
IVANHOE COMPANY
Statement of Cash Flows Partial Indirect Method
Adjustments to reconcile net income to
Current Attempt in Progress
The income statement of Ivanhoe Company is presented here.
Additional information:
Accounts receivable decreased $ during the year, and inventory decreased $
Prepaid expenses increased $ during the year.
Accounts payable to suppliers of inventory decreased $ during the year.
Accrued expenses payable decreased $ during the year.
Administrative expenses include depreciation expense of $