Assume following are the forecasted income statement and balance sheet for Lockheed Martin Corporation for the year ended December 31, 2017.
Table continued next page
Table continued
The following additional information is relevant to the 2017 forecasted financial statements:
Required:
Prepare a forecasted statement of cash flows for the company for 2017 using the indirect method.

Question

Assume following are the forecasted income statement and balance sheet for Lockheed Martin Corporation for the year ended December 31, 2017. 
   Table continued next page
Table continued
  The following additional information is relevant to the 2017 forecasted financial statements:
  Required:
Prepare a forecasted statement of cash flows for the company for 2017 using the indirect method.

Quizplus · Accepted Answer

The Answer of Assume following are the forecasted income statement and balance sheet for Lockheed Martin Corporation for the year ended December 31, 2017. 
   Table continued next page
Table continued
  The following additional information is relevant to the 2017 forecasted financial statements:
  Required:
Prepare a forecasted statement of cash flows for the company for 2017 using the indirect method.

Assume Following Are the Forecasted Income Statement and Balance Sheet