Sources of Cash Sale of merchandise 470000 Sale of Stock 420000 Sale of investments 80000 From depreciation 75000 Issuance of note for a printer machine 30000 Interest on investments 6000 Total sources of cash 1081000 Uses of Cash Purchase of furniture and machines 420000 Merchandise inventory for sale 268000 Operating expenses including depreciation 180000 Purchase of investments 75000 Purchase of Computer Equipment by issuing a note 20000 Purchased treasury

Answer rating: 100% (QA)

Answer Revised Cashflow Cash Flow from Operating Activities Sale of merchandise 47000000 Less Mercha... View the full answer