Question

(Working with a statement of cash flows) Given the information in the popup window, 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.) Statement of Cash Flows Cash Flows from Operating Activities Adjustments i Data Table $25 eceivable Increase inventories 20. Net cash provided by operating activities Operating income Interest expense 75 Complete the investing activities part of the statement of cash flows: (Round to the nearest dollar. NOTE: Inp 25 Increase accounts payable 25 Statement of Cash Flows (Cont'd) Increase in common stock 20 Cash Flows from Investing Activities Increase net fixed assets 23 Depreciation expense 12 Income taxes 17 Net cash provided (consumed) by investing activities (Click on the icon located on the top-riqht corner of the data order to copy its contents into a Complete the financing activities part of the statement of cash flows: (Round to the nearest dollar. NOTE: Inp table above spreadsheet.) Statement of Cash Flows (Cont'd) Cash Flows from Financing Activities Print Done Net cash provided by financing activities Decrease in cash

Answer 1

Statement of Cash Flows Cash Flows from Operating Activities Net Income 33 Adjustments Depreciation Expense Increase in Accounts Receivable 12 -25 Increase in Inventories S -30 Increa se in Accounts Payable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Increase in Net Fixed Assets Net Cash Consumed by Investing Activities Cash Flows from Financing Activities Dividends 25 S -23 -23 -15 Increase in Common Stock Net Cash Provided by Financing Activities Decrease in Cash 5 -3 Beginning Cash Ending Cash 20 17 15 20

Net Income = Operating Income - Interest Expense - Income Taxes
Net Income = $75 - $25 - $17
Net Income = $33