For the most recent accounting year a company reported the

Reference no: EM13607444

For the most recent accounting year, a company reported the following operating and cash activities: Investments in other companies (8,628) Increase in inventories (2,685) Depreciation and amortization 35,254 Long-term debt repayment (165,243) Net income 28,961 Proceeds from issuance of common stock 13,485 Proceeds from sale of property and equipment 3,590 Payment of dividends (6,255) Proceeds from long-term debt issuance 61,785 Purchases of property and equipment (25,400) Decrease in accounts receivable 5,291 Decrease in accounts payable (8,466)

Requirements:

1. Prepare the operating, investing and financing sections of the cash flow statement.

2. Explain the major sources and uses of cash for the year.

Reference no: EM13607444

Questions Cloud

The cash price of this machine was 38000 related : the cash price of this machine was 38000. related expenditures included sales tax 1700 shipping costs 150 insurance

Due to a clerical error a company overstated by 50000 the : due to a clerical error a company overstated by 50000 the amount of inventory on hand at the end of the year. will net

Calculate the work done on the atmosphere for each step and : two moles of nitrogen are initially at 10 bar and 600 k state 1 in a horizontal pistoncylinder device. they are

A closed surface encloses a net charge of 340uc what is : a closed surface encloses a net charge of 3.40uc . what is the net electric flux through the surface? if the electric

For the most recent accounting year a company reported the : for the most recent accounting year a company reported the following operating and cash activities investments in

Policies for budget development hector corporation is a : policies for budget development hector corporation is a manufacturing company with annual sales of 25million. its

Find the probability distribution that in a random sample : find the probability distribution that in a random sample of size n4 from continous uniform population with alpha0 and

The balance sheet and income statement for a company are : the balance sheet and income statement for a company are provided below along with selected additional financial

A car starts from rest on a curve with a radius of 190 and : a car starts from rest on a curve with a radius of 190 and accelerates at 0.500 . how many revolutions will the car

User Account

All Pages