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Preparation of Statement of Cash Flows Using the Indirect Method for Tiger Enterprises

This assignment involves preparing a statement of cash flows for Tiger Enterprises using the indirect method.

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    Preparation of Statement of Cash Flows Using the Indirect Method for Tiger Enterprises E4 - 22 - Tiger Enterprises Required: Prepare Tiger’s statement of cash flows, using the indirect method to present cash flows from operating activities. Exercise 4 - 22 Tiger Enterprises Statement of Cash Flows For the Year Ended December 31, 2011 ($ in thousands) Cash flows from operating activities: Net income $ 900 Adjustments for noncash effects: Depreciation expense 240 Changes in operating assets and liabilities: Decrease in accounts receivable 80 Increase in inventory (40) Increase in prepaid insurance (30) Decrease in accounts payable (60) Decrease in administrative and other payables (100)

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