Pan American Silver Corp. is a mining company based in British Columbia. In a recent quarter, it reported the following activities:

Required:
1. Based on this information, present the investing and financing activities sections of the statement of cash flows.
2. Compute the capital expenditures ratio. What does the ratio tell you about the company€™s ability to finance purchases of property, plant, and equipment with cash provided by operating activities?

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Net earnings Purchase of property, plant, and equipment Shares issued for cash Dividends paid Cash collection from customers Depreciation and amortization Income taxes paid Payments for products and services Proceeds fiom sale of short-term investments $354.146 123,579 4,453 10,732 928,735 82,756 59,736 305,528 1,297