Question: Given the following information, prepare a statement of cash flows. Increase in accounts receivable........ $ 25 Increase in inventories............ 30 Operating income.............. 75 Interest expense...............
Given the following information, prepare a statement of cash flows.
Increase in accounts receivable........ $ 25
Increase in inventories............ 30
Operating income.............. 75
Interest expense............... 25
Increase in accounts payable......... 25
Dividends................. 15
Increase in common stock........... 20
Increase in net fixed assets 23 Depreciation expense 12 Income taxes 17 Beginning cash 20
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