Exercise 14-2A (Algo) Use the indirect method to determine cash flows from operating activities LO...
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Exercise A Algo Use the indirect method to determine cash flows from operating activities LO Franklin Incorporated presents Its statement of cash flows using the Indirect method. The following accounts and corresponding balances were drawn from the company's Year and Year yearend balance sheets. The Year income statement showed net income of $ Required Prepare the operating activities section of the statement of cash flows. Note: Amounts to be deducted should be Indlcated with minus sign. 
Exercise A Algo Use the indirect method to determine cash flows from operating activities LO
Franklin Incorporated presents Its statement of cash flows using the Indirect method. The following accounts and corresponding
balances were drawn from the company's Year and Year yearend balance sheets.
The Year income statement showed net income of $
Required
Prepare the operating activities section of the statement of cash flows.
Note: Amounts to be deducted should be Indlcated with minus sign.
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