Prepare a statement of cash flows from the following scrambled list of items. Increase in inventories........ $

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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
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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