( Working with a statement of cash flows ?) Given the information in the popup?
ID: 1171741 • Letter: #
Question
(Working
with a statement of cash
flows?)
Given the information in the popup? window,
LOADING...
?, prepare a statement of cash flows.
Complete operating activities part of the statement of cash? flows:???(Round to the nearest dollar.
NOTE?:
Input cash inflows as positive values and cash outflows as negative? values.)
Increase in accounts receivable
?$2525
Increase in inventories
2929
Operating income
7474
Interest expense
2626
Increase in accounts payable
2424
Dividends
1717
Increase in common stock
2121
Increase in net fixed assets
2323
Depreciation expense
1212
Income taxes
1919
Beginning cash
1919
?(Click
spreadsheet.?)
Increase in accounts receivable
?$2525
Increase in inventories
2929
Operating income
7474
Interest expense
2626
Increase in accounts payable
2424
Dividends
1717
Increase in common stock
2121
Increase in net fixed assets
2323
Depreciation expense
1212
Income taxes
1919
Beginning cash
1919
?(Click
on the icon located on the? top-right corner of the data table above in order to copy its contents into aspreadsheet.?)
Explanation / Answer
Statement of Cash Flows - Indirect Method Amount in $ Amount in $ Net income $ 7,474 Cash flows from operating activities Adjustments for: Depreciation $ 1,212 (Increase) / Decrease in Account receivables $ -2,525 Inventory Decrease / (Increase) $ -2,929 Accounts payable Increase / ( Decrese) $ 2,424 $ -1,818 Net cash from operating activities $ 5,656 Cash flows from investing activities Increase in net fixed assets $ -2,323 Net cash used in investing activities $ -2,323 Cash flows from Financing activities Issue of Common Stock $ 2,121 Dividend Paid $ -1,717 Net cash used in financing activities $ 404 Net increase in cash and cash equivalents $ 3,737 Add :Cash and cash equivalents at beginning of period $ 1,919 Cash and cash equivalents at end of period $ 5,656 Note: Prepared Cash flow from operating , Financing and investing activities You can take cash flow from operating activities from the TOP
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