Following is selected financial information of Fortune Co. for the year ended December 31, 2010. Cash used
Question:
Following is selected financial information of Fortune Co. for the year ended December 31, 2010.
Cash used by investing activities . . . . . . . . $(3,250)
Net increase in cash . . . . . . . . . . . . . . . . . . 750
Cash used by financing activities . . . . . . . . .(4,050)
Cash from operating activities . . . . . . . . . . 8,050
Cash, December 31, 2009 . . . . . . . . . . . . . 4,100
Required
Prepare the 2010 statement of cash flows for Fortune Company.
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Fortune Company Statement of Cash Flows For Year Ended D...View the full answer
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