For 2012, Ontario Manufacturing Company provided the following accounting information: a. Which of the above are sources

Question:

For 2012, Ontario Manufacturing Company provided the following accounting information:

a. Which of the above are sources of funds?
b. Which of the above are uses of funds?
c. What is the overall increase or decrease incash?

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Question Posted: Feb 25, 2015 10:20 AM

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For 2012, Ontario Manufacturing Company provided the following accounting information: a. Which of the above are sources

Question:

Net operating income Depreciation on equipment and building Sale of land Purchase of equipment Retirement of long-term debt Dividends declared Long-term investments $60,000 10,000 25,000 15,000 30,000 15,000 10,000

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a Sources of funds Net operating income 60000 Depreciation 10000 ...View the full answer

Introduction To Corporate Finance

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