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(Solved): If you dont mind can use show the formulas as well? Thanks A comparative balance sheet and income st ...



If you dont mind can use show the formulas as well? Thanks
A comparative balance sheet and income statement is shown for Cruz, Incorporated.
CRUZ, INCORPORATED
Income statement
For Year Ended December 31, 2021
Sales
Cost of goods sold
Gross profit
Operating expenses
A comparative balance sheet and income statement is shown for Cruz, Incorporated. CRUZ, INCORPORATED Income statement For Year Ended December 31, 2021 Sales Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net income Required: Use the indirect method to prepare the operating activities section of Cruz's statement of cash flows. (Use cells A6 to C38, as well as the "Cash Flow items" tab for cell referencing and/or formulas needed to complete th deducted should be indicated with a minus sign.) Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities


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