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The following financiaf statenients and assticnat inlormation are reporied. Phefore a stateinent of cash fows...

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Accounting

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The following financiaf statenients and assticnat inlormation are reporied. Phefore a stateinent of cash fows for the year ended Ane 30,2011 using the inderect method 4. A 525,000 rate payabie is nitued at its $25,000 caeryry (book value) in exchange for cash. 6. The orly charges affecting tetained eachnos are net increme and cash dvidends paid: c. Hew equptiert a acouled for 950.100 cash e. Prepard expensis and Wages paryable relate ta Geher experses on the incorne statement f. At puethasert and sales of merchandse riventary are on orest Bonus points: compute the cash flow return on assets for 10 extra points

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