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Income Statement for the year ended December 31, 2021 Net sales $65,117 Gain on disposal of fixed assets Cost of goods sold 500 (26,825) (31.814) 6.978 Operating and other expenses Earnings before tax on income Taxes on income Net earnings Required: Prepare a 2021 Statement of Cash Flows for Edan Inc., using the indirect method. (1.973) $ 5,005

Income Statement for the year ended December 31, 2021 Net sales $65,117 Gain on disposal of fixed assets Cost of goods sold 500 (26,825) (31.814) 6.978 Operating and other expenses Earnings before tax on income Taxes on income Net earnings Required: Prepare a 2021 Statement of Cash Flows for Edan Inc., using the indirect method. (1.973) $ 5,005

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Income Statement for the year ended December 31, 2021 Net sales $65,117 Gain on disposal of fixed assets Cost of goods sold 500 (26,825) (31.814) 6,978 (1.973) Operating and other expenses Earnings before tax on income Taxes on income Net earnings $ 5.005 Required: Prepare a 2021 Statement of Cash Flows for Edan Inc., using the indirect method.
Transcribed Image Text:Income Statement for the year ended December 31, 2021 Net sales $65,117 Gain on disposal of fixed assets Cost of goods sold 500 (26,825) (31.814) 6,978 (1.973) Operating and other expenses Earnings before tax on income Taxes on income Net earnings $ 5.005 Required: Prepare a 2021 Statement of Cash Flows for Edan Inc., using the indirect method.
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