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Telstra, Australia's largest telecommunications and media company, has net revenue of more than...

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Accounting

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Telstra, Australia's largest telecommunications and media company, has net revenue of more than $26 billion (Australian). Some of the items included in its recent annual consolidated statement of cash flows presented using the direct method are listed here. Indicate whether each item is disclosed in the Operating Activities, Investing Activities, or Financing Activities section of the statement or use Not Applicable if the item does not appear on the statement. (Note: This is the exact wording used on the actual statement.) The following information pertains to Peak Heights Company: Required: Present the operating activities section of the statement of cash flows for Peak Heights Company using the indirect method. Note: List cash outflows as negative amounts

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