Presented below is selected financial information for Yvonne Corporation for December 31, 2012.

Instructions(a) Determine which items should be included in a statement of cash flows and then prepare the statement for Yvonne Corporation.(b) Comment on the adequacy of net cash provided by operating activities to fund the company??s investing activities and dividendpayments.

Transcribed Image Text:

Cash paid to purchase equipment Equipment Revenues Cash received from customers received from issuing common stock $ 25,000 $ 12,000 Inventory Cash paid to suppliers Building Common stock Cash dividends paid 104,000 40,000 100,000 132,000 200,000 50,000 7,000 22,000