Statement of Cash Flows - Indirect Method
Not what you're looking for?
Set forth below are the balance sheets of Fairchild & Johnson Products, Inc. as of December 31, 2009 and 2008, and the company's income statement and certain additional information for the year ended December 31, 2009.
Prepare in good form a statement of cash flows for Fairchild & Johnson using the indirect method for the year ended December 31, 2009. Though not required, students may wish to complete the supplemental worksheet in the Workbook, which may assist with completing the required statement of cash flows
Purchase this Solution
Solution Summary
Given a company's balance sheets for two years and income statement for one year, this solution illustrates how to prepare a statement of cash flows, using the indirect method, in good form.
Solution Preview
Please see the attached Excel 97-2003 spreadsheet.
Prepare in good form a statement of cash flows for Fairchild & Johnson using the "indirect method" for the year ended December 31, 2009. Though not required, students may wish to complete the supplemental worksheet in the Workbook, which may assist with completing the required statement of cash flows. Do NOT make any formatting changes to this MS Excel file.
(US$ in 000s)
...
Purchase this Solution
Free BrainMass Quizzes
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Lean your Process
This quiz will help you understand the basic concepts of Lean.