Thunder Corporation's balance sheet and income statement appear below: The company did not dispose of any property,plant,and equipment,issue any bonds payable,or repurchase any of its own common stock during the year.The company declared and paid a cash dividend of $24.
Required:
Prepare a statement of cash flows in good form using the indirect method.

Question

Thunder Corporation's balance sheet and income statement appear below:   The company did not dispose of any property,plant,and equipment,issue any bonds payable,or repurchase any of its own common stock during the year.The company declared and paid a cash dividend of $24.
Required:
Prepare a statement of cash flows in good form using the indirect method.

Quizplus · Accepted Answer

The Answer of Thunder Corporation's balance sheet and income statement appear below:   The company did not dispose of any property,plant,and equipment,issue any bonds payable,or repurchase any of its own common stock during the year.The company declared and paid a cash dividend of $24.
Required:
Prepare a statement of cash flows in good form using the indirect method.

Thunder Corporation's Balance Sheet and Income Statement Appear Below