Monty Corporation reported the following income statement in condensed for 2016:

During 2016, the following changes occurred in the company's current assets and current liabilities:

Required:
By visual the inspection method prepare the net cash flows from the operating activities using the following methods
note: headings are not necessary):
1) Indirect method
2) Direct method

Question

Monty Corporation reported the following income statement in condensed for 2016:

During 2016, the following changes occurred in the company's current assets and current liabilities:
 
 Required:
By visual the inspection method prepare the net cash flows from the operating activities using the following methods
note: headings are not necessary):
1) Indirect method
2) Direct method

Quizplus · Accepted Answer

The Answer of Monty Corporation reported the following income statement in condensed for 2016:

During 2016, the following changes occurred in the company's current assets and current liabilities:
 
 Required:
By visual the inspection method prepare the net cash flows from the operating activities using the following methods
note: headings are not necessary):
1) Indirect method
2) Direct method

Monty Corporation Reported the Following Income Statement in Condensed for 2016