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Belk Corporation's Balance Sheet Appears Below: the Net Income

question 109

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Belk Corporation's balance sheet appears below: Belk Corporation's balance sheet appears below:   The net income for the year was $126. Cash dividends were $21. The company did not dispose of any property, plant, and equipment, issue any bonds payable, or repurchase any of its own common stock during the year. Required: Prepare a statement of cash flows in good form using the indirect method. The net income for the year was $126. Cash dividends were $21. The company did not dispose of any property, plant, and equipment, issue any bonds payable, or repurchase any of its own common stock during the year.
Required:
Prepare a statement of cash flows in good form using the indirect method.

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