Professional Documents
Culture Documents
Required
Prepare a consolidated statements of cash flows for Pesta Corporation and Subsidiary for the year ended
December 31, 2015, using either the direct method or the indirect method. All changes in plant assets
due to assets acquisitions and depreciation. Sun’s net income and dividends for 2015 are Rp40,000,000
and Rp25,000,000 respectively!
Direct Method
Pesta Corporation and Subsidiary
Consolidated Statements of Cash Flows for the year ended December 31, 2015