Find the cash flow from the sale of common stock

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Reference no: EM133056937

On a Cash Flow Analysis, how do I find the cash flow from the sale of common stock? I figured the number by doing reverse mathematics but I do not know what numbers to add or subtract to come up with the correct figure. 

Balance Sheet Extract

 

2020

2019

2018

Liabilities and Stockholders' Equity:

 

 

 

Accounts payable and accruals

361

324

312

Notes payable

140

103

61

Accrued taxes

56

88

109

Total current liabilities

557

515

482

 

 

 

 

Long-term debt

457

379

283

Total liabilities

1014

894

765

Common Stock (98,051,400 shares)

490

487

483

Additional Paid-in capital

2439

2222

1982

Retained earnings

270

179

98

Treasury stock

-95

-15

0

         Total stockholders' equity

3104

2873

2563

Total liabilities and equity

4118

3767

3328

 

 

 

 

# of shares

98051400

97302600

96521200

Price per share is 65, 68, 71 respectively

Cash Flow Analysis

 

2020

2019

Operating Activities

 

 

   Net income

114

203

Additions (sources of cash)

 

 

   Depreciation 

174

218

   Increase in accounts payable

37

12

Subtractions (uses of cash)

 

 

   Increase in accounts receivable

7

24

   Decrease in accrued income taxes

32

21

   Increase in other current assets

8

5

   Increase in inventories

6

49

Net cash provided by operating activities

272

334

Long-Term Investing Activities

 

 

   Increase in property equipment

-642

-382

   Decrease in goodwill and other assets

0

0

Net cash used in investing activities 

-642

-382

Financing Activities

 

 

   Increase in notes payable

37

42

   Increase in long-term debt

78

96

   Sale of common stock

235

244

   Payment of cash dividends

-23

-122

   Purchase of treasury stock

-95

-15

Net cash provided by financing activities

232

245

(sum of 3 CFs)

-138

197

Net increase in cash and marketable securities

 

 

Cash and marketable securities at beginning of year

 

 

Cash and marketable securities at end of year

 

 

Reference no: EM133056937

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