Thunder Corporation's Balance Sheet and Income Statement Appear Below

question 116

Essay

Thunder Corporation's balance sheet and income statement appear below: 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. The company declared and paid a cash dividend of $24.
Required:
Prepare a statement of cash flows in good form using the indirect method.

---

Definitions:

Disable All Macros

An action taken to prevent all macro scripts from running in a software application, usually to protect against malicious code.

Enable Content Button

A control usually found in software applications that allows the user to enable access to content that may have been disabled for security reasons.

ActiveX

ActiveX refers to a set of Microsoft technologies that allow embedded content or interactivity in web pages and applications.

Visual Basic

A programming language developed by Microsoft that is designed for building Windows-based applications with a graphical user interface.