Lansing Company's 2015 income statement and selected balance sheet data (for current assets and current liabilities) at December 31, 2014 and 2015, follow. 11eb91e1_3145_8270_ad16_898ff545c8ce_SM1965_00 Required Prepare the cash flows from operating activities section only of the company's 2015 statement of cash flows using the indirect method.

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Edition 22ISBN: 978-0077862275

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Edition 22ISBN: 978-0077862275

Exercise 41

Lansing Company's 2015 income statement and selected balance sheet data (for current assets and current liabilities) at December 31, 2014 and 2015, follow.

Required
Prepare the cash flows from operating activities section only of the company's 2015 statement of cash flows using the indirect method.

Explanation

Verified

Indirect Method of reporting Flows of Ca...