Shepard Company has not yet prepared a formal statement of cash flows for 2017. Comparative balance sheets as of December 31, 2017 and 2016, and a statement of income and retained earn-ings for the year ended December 31, 2017, appear below and on the following page.

Shepard Company has not yet prepared a formal statement of cash flows for 2017. Comparative balance sheets as of December 31, 2017 and 2016, and a statement of income and retained earn-ings for the year ended December 31, 2017, appear below and on the following page.

Shepard Company
Balance Sheet
December 31
(thousands omitted)

Best Custom Essay Writing Services | EssayBureau.com

Shepard Company
Statement of Income and Retained Earnings
For the Year Ended December 31, 2017
(thousands omitted)

Best Custom Essay Writing Services | EssayBureau.com

Best Custom Essay Writing Services | EssayBureau.com

Required
1. For purposes of a statement of cash flows, are the U.S. Treasury bills cash equivalents? If not, how should they be classified? Explain your answers.
2. Prepare a statement of cash flows for 2017 using the direct method in the Operating Activ-ities section.

find the cost of your paper

Suppose you know that the marketer is a B2C marketer. What is the probability that he or she plans to increase of social media?

Business Focus B2C B2B Total A survey of B2B marketers (marketers that focus primarily on attracting businesses) and B2C marketers (marketers that primarily target consumers) was based on 1000 B2B….

For a major in financial management graduate, there are a lot of opportunities waiting for them in the real world

For a major in financial management graduate, there are a lot of opportunities waiting for them in the real world. A major in finance individual developed an analytical skill is….

Popa Ltd trade in a perishable commodity.

Popa Ltd trade in a perishable commodity. Each day Popa Ltd. receives supplies of the goods from a wholesaler but the quantity supplied is a random variable, as is the….