Brazos Medical, Inc., ended 2009 with cash of $24,000. During 2010, Brazos earned net income of $80,000
Question:
Brazos paid $40,000 to purchase equipment during 2010. During 2010, the company paid dividends of $10,000.
Prepare Brazos's statement of cash flows for the year ended December 31, 2010, complete with its proper heading. Follow the format in the summary problem starting on page 25.
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Related Book For
Financial Accounting
ISBN: 978-0135012840
7th edition
Authors: Walter T. Harrison, Charles T. Horngren
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