Question: Financial Statement Analysis Shown below is selected information from the financial statements of Dickson, Inc., a retail furniture store From the balance sheet: $ 30,000


Financial Statement Analysis Shown below is selected information from the financial statements of Dickson, Inc., a retail furniture store From the balance sheet: $ 30,000 150,000 200,000 500,000 150,000 300,000 1,000,000 Inventory From the income statement: $1,500,000 1,080,000 315,000 84,000 6,000 15,000 Cost of goods sold . .. From the statement of cash flows: Net cash provided by operating activities $ 40,000 (46,000) Net cash used in investing activities Financing activities: (14,000) 20 Net cash provided by financing activities . . . . . . . Net increase in cash during the year..... . . . . . . 16,000 S 10,000
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