Problem 15-6

Use the following selected data and additional information to answer the questions that follow:

A. Prepare the operating activities section of a statement of cash flows for 2012 using the indirect method. Amounts to be subtracted should be indicated by a minus sign.

Operating Activities Section

__________________ $____________

Add (deduct) adjusting items:

__________________ ____________

__________________ ____________

__________________ ____________

__________________ ____________

__________________ ____________

__________________ ____________

Net cash provided from operating activities $____________

B. Prepare the investing activities section of a statement of cash flows for 2012. Amounts to be subtracted should be indicated by a minus sign.

Investing Activities Section

_________________ $______________

_________________ _________________

Net cash used by investing activities $_______________

C. Prepare the financing activities section of a statement of cash flows for 2012. Amounts to be subtracted should be indicated by a minus sign.

Financing Activities Section

__________________ $____________

Net cash used by financing activities $____________

Problem 156 Use the following selected data and additional information to answer the questions that follow: A. Prepare the operating activities section of a statement of cash flows for 2012 using the indirect method. Amounts to be subtracted should be indicated by a minus sign. Operating Activities Section __________________ Add (deduct) adjusting items: __________________ $____________ __________________ __________________ __________________ __________________ __________________ Net cash provided from operating activities ____________ ____________ ____________ ____________ ____________ $____________ ____________ B. Prepare the investing activities section of a statement of cash flows for 2012. Amounts to be subtracted should be indicated by a minus sign. Investing Activities Section _________________ $______________ _________________ Net cash used by investing activities _________________ $_______________ C. Prepare the financing activities section of a statement of cash flows for 2012. Amounts to be subtracted should be indicated by a minus sign. Financing Activities Section __________________ Net cash used by financing activities $____________ $____________ Problem 156 Use the following selected data and additional information to answer the questions that follow: A. Prepare the operating activities section of a statement of cash flows for 2012 using the indirect method. Amounts to be subtracted should be indicated by a minus sign. For Operating Activities Section: Decrease in inventories, Decrease in salaries payable, increase in accounts payable, increase in accounts receivable, and increase in salaries payable are the only choice for 1 For 2 the choices are Decrease in inventories,Decrease in salaries payable, gain on sale of equipment, increase in accounts payable,and increase in accounts receivable For 3 the choices are Decrease in inventories, increase in inventories, Decrease in salaries payable, increase in accounts payable,and increase in accounts receivable For 4 the only choices are Decrease in inventories,Decrease in salaries payable, increase in accounts payable,and increase in accounts receivable, and decrease in accounts payable. Operating Activities Section ____Net Income Add (deduct) adjusting items: $____?________ ______Depreciation _______?_____ ___Decrease in accounts receivable ______1__?__________ ______2__?__________ ______3___?_________ ______4_?___________ Net cash provided from operating activities _______?_____ _______?_____ ______?______ _______?_____ _______?_____ $______?______ B. Prepare the investing activities section of a statement of cash flows for 2012. Amounts to be subtracted should be indicated by a minus sign. Investing Activities Section __Gain on sale of equipment $_______?_______ ___Purchase of equipment Net cash used by investing activities _________?________ $________?_______ C. Prepare the financing activities section of a statement of cash flows for 2012. Amounts to be subtracted should be indicated by a minus sign. Financing Activities Section _Payment of Dividends Net cash used by financing activities $______?______ $______?______