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Prepare the cash flows from operating activities section of


Portions of the financial statements for Hawkeye Company are provided below.

Required:

1. Prepare the cash flows from operating activities section of the statement of cash flows for Hawkeye Company using the direct method.

2. Prepare the cash flows from operating activities section of the statement of cash flows for Hawkeye Company using the indirect method. 

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Managerial Accounting: Prepare the cash flows from operating activities section of
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