Question: with complete solutions, journal entry (if ever) and answer. Seawall Company provided the following data for the preparation of cash flows for the current year:
Seawall Company provided the following data for the preparation of cash flows for the current year: Dividends declared and paid 800,000 (2,500,000) Cash flow from investing activities Cash flow from financing activities Cash Other assets Liabilities Share capital Retained earnings December 31 2,100,000 21,000,000 10,500,000 2,000,000 10,600,000 (800,000) January 1 1,200,000 22,700,000 11,700,000 2,000,000 10,200,000 What amount should be reported as cash flow from operating activities? 5,400,000 2) 4,200,000 3 2,400,000
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