Avatar Company Uses the Indirect Method to Prepare Its Statement

question 134

Essay

Avatar Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information for the year 2014.
Additional information provided:
Please prepare a complete statement of cash flows using the following format:

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Definitions:

Dot Coms

Companies that operate primarily on the internet; the term became widely used during the internet boom of the late 1990s.

High-Tech Companies

Businesses involved in industries that rely heavily on advanced technological developments, often in fields like information technology, biotechnology, and engineering.

Investors

Individuals or entities who allocate capital with the expectation of receiving financial returns.

Health Care Reform

The process of making changes to health policy, health systems, and health care delivery to improve access, affordability, and quality of health care.