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Avatar Company uses the indirect method to prepare its statement of cash flows. Refer to the partially completed worksheet below. Complete the worksheet, including the data showing the net change in cash, plus all control totals.
Net Increase (Decrease)in Cash
Total
Sales
The activities involved in selling goods or services to customers, including negotiation, closing deals, and transaction processing.
Asset Turnover
A financial ratio that measures the efficiency of a company’s use of its assets in generating sales revenue.
Sales Revenue
The gross revenue is the entirety of income that comes from selling products or services, prior to deducting any costs.
Total Invested Capital
The sum of a company's equity and debt capital, representing the total amount of capital invested in the business.
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