Solution-Prepare circuit citys statement of cash flows

Prepare circuit citys statement of cash flows

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Reference no: EM13535339

The following cash data were adapted from the annual report of Circuit City Stores Inc. for the period ending May 30, 2001. The cash balance as of May 31, 2000, was $446,131 (in thousands).

In thousands
Cash receipts from issuing capital stock	$ 7,102
Cash receipts from issuing debt	1,640
Cash receipts from selling property, plant, and equipment	3,248
Cash payments for capital stock repurchases	187
Cash payments for debt	275
Cash payments for dividends	3,621
Cash payments for other investing activities	5,460
Cash payments for property, plant, and equipment	32,852
Net cash flows used in operating activities	(11,225)

Instructions

Prepare Circuit City's statement of cash flows for the year ending May 30, 2001.

Reference no: EM13535339

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Prepare circuit citys statement of cash flows

Reference no: EM13535339

Reference no: EM13535339

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