Tam Co. reported the following items in its year-end financial statements:Capital expendituresCapital lease paymentsIncome taxes paidDividends paidNet interest payments$1,000,000$1,870,000$1,125,000Ⓒ$745,000$545,000125,000325,000200,000220,000What amount should Tam report as supplemental disclosures in its Statement of Cash Flows prepared using the indirect method?

When indirect method is applied for calcuating cash flow from operating activities, a supplement…

ed the following items in its year-end financial statements: ditures ayments baid 3 ayments $1,000,000 000 000 125,000 325,000 200,000 220,000 hould Tam report as supplemental disclosures in its Statement:

ed the following items in its year-end financial statements: ditures ayments baid 3 ayments $1,000,000 000 000 125,000 325,000 200,000 220,000 hould Tam report as supplemental disclosures in its Statement:

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 4PB: Use the following information from Isthmus Companys financial statements to prepare the operating...

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Question

Tam Co. reported the following items in its year-end financial statements:
Capital expenditures
Capital lease payments
Income taxes paid
Dividends paid
Net interest payments
$1,000,000
$1,870,000
$1,125,000
Ⓒ$745,000
$545,000
125,000
325,000
200,000
220,000
What amount should Tam report as supplemental disclosures in its Statement of Cash Flows prepared using the indirect method?

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