Following are the balance sheets for Batelan Corporation for the fiscal years 2014 and 2015. In the column to the right of the balance sheet amounts, indicate whether the change in the account balance represents a source or a use of cash for the firm. Place a (+) in the space provided to indicate a source of funds, a (–) to indicate a use of funds, or a (0) if the effect cannot be determined with the information provided.

From these balance sheets, can you tell whether Batelan generated a positive or negative net income during 2015? Can you tell whether dividends were paid?Explain.

  • CreatedNovember 24, 2014
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