NOTE TO THE INSTRUCTOR

question 19

Essay

NOTE TO THE INSTRUCTOR:
The problem requirement does not indicate whether the indirect or direct method must be used to determine the net cash provided by operating activities.You can,if you choose,specify that either (or even both)methods be used.The solution contains solutions for both methods.
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Dauber Corporation's comparative balance sheet and income statement for last year appear below:
The company declared and paid a cash dividend of $55,000 during the year.It did not sell any long-term investments,issue any bonds payable,or repurchase any of its own common stock.
Required:
a.Construct in good form the operating activities section of the company's statement of cash flows for the year.
b.Construct in good form the investing activities section of the company's statement of cash flows for the year.
c.Construct in good form the financing activities section of the company's statement of cash flows for the year.

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Definitions:

Uterus

A major female reproductive organ in many animals, including humans, where offspring are conceived and in which they gestate before birth.

Cervix

The lower part of the uterus in the female reproductive system, connecting the uterus to the vagina.

Pap Smear

A screening test for cervical cancer involving the collection of cells from a woman's cervix to detect abnormalities that may indicate precancerous or cancerous conditions.

Common Site

A location or platform shared or widely used by a large number of individuals or entities for a particular purpose or activity.