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Comparative Balance Sheet Ending Beginning Balance Balance Assets Current assets: $ 52 $ 51 Cash and cash equivalents AccountIncome Statement Sales $920 536 Cost of goods sold Gross margin 384 121 Selling and administrative expense Net operating incoExcerpts from Neuwirth Corporations comparative balance sheet appear below: Ending Beginning Balance Balance Cash and cash eComparative Balance Sheet Ending Beginning Balance Balance Assets: Current assets: $ 46 Cash and cash equivalents 64 65 AccouIncome Statement Sales $600 373 Cost of goods sold Gross margin 227 165 Selling and administrative expense Net operating inco

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Answer #1

1) Cash flow from investing activities

Cash flow from investing activities
Equipment sold 61
Equipment purchase -110
Net cash used in investing activities -49

2) Cash flow from financing activities

cash flow from financing activities
Cash dividend paid -11
Repaid bonds payable -40
Issue common Stock 8
Net cash used in financing activities -43
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