Solved: Lansing companys 2015 income statement and selected balance, Accounting Basics

Lansing companys 2015 income statement and selected balance

Lansing Company's 2015 income statement and selected balance sheet data (for current assets and current liabilities) at December 31, 2014 and 2015, follow.

Required

Prepare the cash flows from operating activities section only of the company's 2015 statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

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Accounting Basics: Lansing companys 2015 income statement and selected balance

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Accounting Basics: Lansing companys 2015 income statement and selected balance

Reference No:- TGS01353405

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