Business Finance Homework Help

Introduction

The Excel spreadsheet projects will provide you with hands-on experience with important concepts in the course. It will help reinforce lessons while also working with a software that is required in the accounting field.

Unit Learning Outcomes

• ULO #2: Calculate cash from operating activities using both the direct and indirect methods. (CLO 1, 2)
• ULO #3: Solve for and prepare a complex statement of cash flows using a worksheet. (CLO 1, 2)
• ULO #4: Identify special problems in preparing a statement of cash flows. (CLO 1)

Directions

• Read and consider P23.2 (Hinckley Corporation) in the course text.
• Using the Excel template provided (see attached), prepare a statement of cash flows using the indirect method.