ACC230 CHAPTER 4 Statement of Cash Flows 141 Understanding - Little bit INC
Complete Problem 4.5 on p. 141 (Ch. 4). Refer to Exhibit 4.1 on p. 118 (Ch. 4) to create your statement of cash flows. Submit your completed statement of cash flows and a 200- to 300-word analysis of the statement 4.5.
SOLUTION PREVIEW
SOLUTION PREVIEW
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Statement of
cash flows (Indirect method)
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Little Bit
Inc.
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Particulars
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Amount
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Amount
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Cash flows
from operating activities:
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Net Income
Before Interest and taxes
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8,300
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Add
depreciation
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18,000
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