Presented below is the 2021 income statement and comparative
balance sheet information for Tiger Enterprises.
Required:
Prepare the cash flows from operating activities section of Tiger's
2021 statement of cash flows using the direct method. Assume that
all purchases and sales of inventory are on account, and that there
are no anticipated bad debts for accounts
receivable. (Amounts to be deducted should be
indicated with a minus sign. Enter your answers in
thousands.)
Presented below is the 2021 income statement and comparative balance sheet information for Tiger Enterprises. Required:
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