Create the statement of sources and uses of cash from the following entries: Net income............................. $1,500.00 Dividends...................................

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Create the statement of sources and uses of cash from the following entries:

Net income............................. $1,500.00

Dividends................................... 900.00

Additions to inventory......................120.00

Additions to receivables...................150.00

Depreciation.................................90.00

Reduction in payables......................550.00

Net issuance of long-term debt............300.00

Sale of fixed assets...........................60.00

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Fundamentals of Corporate Finance

ISBN: 978-0078034640

7th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Question Posted: Sep 27, 2016 10:45 AM

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Create the statement of sources and uses of cash from the following entries: Net income............................. $1,500.00 Dividends...................................

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Given Data Net income 150000 Dividends 90000 Addit...View the full answer

Fundamentals of Corporate Finance

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