Question

Prepare a statement of cash flows from the following scrambled list of items.
Increase in inventories........ $ 7,000
Operating income ........ 219,000
Dividends............. 29,000
Increase in accounts payable..... 43,000
Interest expense .......... 45,000
Increase in common stock ( par)..... 5,000
Depreciation expense......... 17,000
Increase in accounts receivable..... 69,000
Increase in long- term debt...... 53,000
Increase in short- term notes payable... 15,000
Increase in gross fixed assets...... 54,000
Increase in paid in capital........ 20,000
Income taxes........... 45,000
Beginning cash........... 250,000


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  • CreatedSeptember 11, 2015
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