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Belk Corporation's Balance Sheet Appears Below: the Net Income

Question 131

Essay

Belk Corporation's balance sheet appears below: Belk Corporation's balance sheet appears below: The net income for the year was $126.Cash dividends were $21.The company did not dispose of any property,plant,and equipment,issue any bonds payable,or repurchase any of its own common stock during the year. Required: Prepare a statement of cash flows in good form using the indirect method. The net income for the year was $126.Cash dividends were $21.The company did not dispose of any property,plant,and equipment,issue any bonds payable,or repurchase any of its own common stock during the year.
Required:
Prepare a statement of cash flows in good form using the indirect method.

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