Problem

Table in Chapter 3 presents financial statements over the period 2008–2011 for R&E Sup...

Table in Chapter 3 presents financial statements over the period 2008–2011 for R&E Supplies, Inc.

a. Construct a sources and uses statement for the company over thisperiod (one statement for all three years).


b. What insights, if any, does the sources and uses statement give youabout the financial position of R&E Supplies?

TABLE Financial Statements for R&E Supplies, Inc., December 31, 2008–2011 ($ thousands)

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Solutions For Problems in Chapter 1