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Monty Corporation Reported the Following Income Statement in Condensed for 2014

Question 88

Essay

Monty Corporation reported the following income statement in condensed for 2014: Monty Corporation reported the following income statement in condensed for 2014:    During 2014, 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
During 2014, the following changes occurred in the company's current assets and current liabilities: Monty Corporation reported the following income statement in condensed for 2014:    During 2014, 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
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

Correct Answer:

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1) Indirect Method blured image
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