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(Solved): Use the balance sheet and income statement below:
Prepare a statement of cash flows for Clancy's ...
Use the balance sheet and income statement below:
Prepare a statement of cash flows for Clancy's Dog Biscuit Corporation. (Enter your answers in millions of dollars. Amounts to be deducted should be indicated with a minus sign.)
\begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ Statement of Cash Flows for Year Ending December 31, 2021} \\ \hline Cash flows from operating activities & \\ \hline & \\ \hline Additions (sources of cash): & \\ \hline & \\ \hline Subtractions (uses of cash): & \\ \hline & \\ \hline Net cash flow from operating activities & \\ \hline Cash flows from investing activities & \\ \hline Subtractions: & \\ \hline \end{tabular}
\begin{tabular}{|l|l|} \hline Additions: & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline Net castractions: & \\ \hline & \\ \hline \end{tabular}