FINC4335 East Texas Baptist University Statement of Cash Flows Project

Using the financial statement provided, prepare a complete Statement of Cash Flows that shows both the direct method and the indirect method for summarizing cash flow from operating activities. Note to complete the assignment you will need to calculate items such as dividends paid (Retained Earnings & AOCI₂₀₁₈ – Net income₂₀₁₈ – Retained Earnings & AOCI₂₀₁₇ = Dividends paid₂₀₁₈), capital expenditures (Net Fixed Assets₂₀₁₇ – Book Value of Fixed Assets Sold₂₀₁₈ – Depreciation Expense₂₀₁₈ – Net Fixed Assets₂₀₁₈ = Capital expenditures made₂₀₁₈, and investment in intangible assets (Intangible Assets₂₀₁₇ – Amortization of Intangible Assets₂₀₁₈ – Intangible Assets₂₀₁₈ = Investment in intangible assets₂₀₁₈.)