Selected data and additional information from the company's records are presented below:
Additional information:
-Refer to Mary Kay Cosmetics. Prepare the company's statement of cash flows for the year ended December 31, 2014. Use the indirect method of determining net cash flows from operating activities.
Definitions:
Power
The capacity or ability to direct or influence the behavior of others or the course of events.
Entire Block
A term used in logic or mathematics to refer to the entirety of a set, structure, or piece of data.
Generalization
A broad statement or concept obtained by inference from specific cases, often used to make predictions or to simplify complex ideas.
Conclusion
The statement in logic that follows from the premises by means of the rules of logical inference.
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