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Prepare the full cash flow statement for VWX Corp

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Reference no: EM132905911

Problem - VWX Corp. has the following amounts for 2016:

Net loss of $400,000

Realized loss from the sale of machinery, $4,000

Realized gain from sale of building, $70,000

Proceeds from sale of land, $160,000

Purchase of trading securities, $130,000

Unrealized gain from trading securities, $30,000

Unrealized loss from available for sale securities, $230,000

Sale of available for sale securities, $400,000

Compensation expense for stock options, $80,000

Proceeds from exercise of stock options, $500,000

Cash balance at 1/1/2016, $600,000

Required - Prepare the full cash flow statement for VWX Corp. for the year ended December 31, 2016 using the indirect method.

Reference no: EM132905911

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