Question: Needing help with this last problem for Intermediate Accounting II Pr.05-12 Statement of Cash Flows ACC 308 | Course | MateBee | |Course | *

Needing help with this last problem for Intermediate Accounting II

Pr.05-12

Statement of Cash Flows

Needing help with this last problem for
ACC 308 | Course | MateBee | |Course | * BUS 225 | am) 6_1_Assic DZL 6-1 Hom | Home Account |D21 Module ELC 2020 Yea ACC 311 ) New tab * ACC-311 . Cen X * Homewe + X -> C B https://v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false A 9 6 VO "0 6-1 Homework: Chapter 21 eBook Add: Bond discount amortization 2,700 ? Add: Increase in income taxes payable 3,500 Less: Increase in accounts receivable -4,400 V Less: Increase in inventories - v 10,300 Less: Decrease in accounts payable 2,900 Net cash provided by operating activities 67,900 Investing Activities: Payment for purchase of building -65,000 Payment for purchase of equipment 8,000 V Payment for purchase of land 9,700 Receipt from sale of long-term investments 10,600 Net cash used for investing activities -72,100 Financing Activities: Payment of dividends -24,500 V Receipt from issuance of common stock 12,300 V Receipt from issuance of preferred stock 20,000 V Net cash provided by financing activities 7,800 Net increase in cash V 3,600 Cash, January 1, 2016 Cash, December 31, 2016 Check My Work Previous Next Assignment Score: 70.36% All work saved. Save and Exit Submit Assignment for Grading 80 F W X 2:25 PM bunny O 4/12/2022 3

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!