Prepare a statement of cash flows. Increase in accounts receivable $300 Increase inventories 80 Increase in long-term de
Posted: Wed May 04, 2022 6:31 am
Prepare a statement of cash flows.
Increase in accounts receivable
$300
Increase inventories
80
Increase in long-term debts
80
Beginning cash
1,785
Increase in accounts payable
60
Increase in other current assets
150
Common stock dividends
$ 40
Increase in common stock
10
Increase in gross fixed assets
50
Depreciation expense
1,500
Net income
485
Increase in accounts receivable
$300
Increase inventories
80
Increase in long-term debts
80
Beginning cash
1,785
Increase in accounts payable
60
Increase in other current assets
150
Common stock dividends
$ 40
Increase in common stock
10
Increase in gross fixed assets
50
Depreciation expense
1,500
Net income
485