Consider three independent cases for the cash flows of Building Blocks Corp. For each case, identify from
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Case A Case B Case C Cash flows from operating activities: 25,000 25,000 25,000 11,000 11,000 11,000 Net income Depreciation and amortization Increase in current assets Decrease in current liabilitics 27,000) (2,000) (14,000) (12,000) (3,000)29,000 21,000 Cash flows from investing activities: Acquisition of plant assets Sales of plant assets (102,000) (102,000) (102,000) 46,000 111,000 9,000 11,000 (91,000) (56,000) Cash flows from financing activities: Issuance of stock Payment of debt 119,000 76,000 18,000 (27,000) 92,000 29,000 $ (2,000) $ 2,000 (10,000 20,000 Net increase (decrease) in cash
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Related Book For
Financial accounting
ISBN: 978-0132751124
9th edition
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
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