1. Using the information listed below, prepare a simple Statement of Cash Flows for the XYZ outpatient center:

Collections = $720,000; Payments to Suppliers = $100,000

Purchase of Plant, Property & Equipment = $510,000

Borrowing from creditors = $455,000

Template Cash Flow Statement (Simple Example) See Chapter 5 for a discussion of this topic. Below is a simple example of a Statement of Cash Flows. You may change the name of the company in the heading to your company, change the date, and replace the xxx's with your values. The totals will be calculated automatically. Keepuwell Clinic Statement of Cash Flows For the Year Ending December 31, 2013 XXX XXX Cash Flows from Operating Activities Collections Payments to Suppliers Payments to Employees Other Net Cash from Operating Activities XXX XXX $0 XXX Cash Flows from Investing Activities Purchase of New Equipment Other Net Cash Used for Investing Activities XXX $0 XXX Cash Flows from Financing Activities Borrowing from Creditors Debt Payment Other Net Cash from Financing Activities XXX XXX $0 NET INCREASE/DECREASE) IN CASH CASH, BEGINNING OF YEAR CASH, END OF YEAR $0 XXX #VALUE