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1 prepare a statement of cash flows for the year ended


Use the following financial statements and additional information to

(1) Prepare a statement of cash flows for the year ended December 31, 2014, using the indirect method, 

(2) Analyze and briefly discuss the statement prepared in part 1 with special attention to operating activities and to the company's cash level.

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Additional Information:

a. No dividends are declared or paid in 2014. 

b. Issued additional stock for $ 10,000 cash in 2014. 

c. Purchased equipment for cash in 2014; no equipment was sold in2014 

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Managerial Accounting: 1 prepare a statement of cash flows for the year ended
Reference No:- TGS01195435

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