As the accountant for Genetic Incorporated, you are responsible for preparing the cash flow statement. You have decided to prepare the statement using the indirect method and have gathered together the following data from the accounting records:
Prepare the cash flow statement for the year ended December 31, 2014 under ASPE, using the indirect method and including a schedule of noncash investing and financing activities, if necessary.

Question

As the accountant for Genetic Incorporated, you are responsible for preparing the cash flow statement. You have decided to prepare the statement using the indirect method and have gathered together the following data from the accounting records:
  Prepare the cash flow statement for the year ended December 31, 2014 under ASPE, using the indirect method and including a schedule of noncash investing and financing activities, if necessary.

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The Answer of As the accountant for Genetic Incorporated, you are responsible for preparing the cash flow statement. You have decided to prepare the statement using the indirect method and have gathered together the following data from the accounting records:
  Prepare the cash flow statement for the year ended December 31, 2014 under ASPE, using the indirect method and including a schedule of noncash investing and financing activities, if necessary.

As the Accountant for Genetic Incorporated, You Are Responsible for Preparing