Problem

Cash paid to acquire marketable securities$  370,000Proceeds from sale of marketable secur...

Cash paid to acquire marketable securities

$  370,000

Proceeds from sale of marketable securities

17,500

Proceeds from issuance of capital stock

280,000

Proceeds from issuance of bonds payable

55,000

Payments to settle short‑term debt

32,500

Interest and dividends received

10,000

Cash received from customers

?

Dividends paid

130,000

Cash paid to suppliers and employees

1,030,000

Interest paid

25,000

Income taxes paid

70,000

Cash and cash equivalents, January 1, 2010

43,000

Cash and cash equivalents, December 31, 2010

58,000

  Using the above information, indicate the best answer for each question in the space provided.

In the 2010 statement of cash flows for Rag Dolls Corporation, the amount of cashreceived from customers is:

 a $1,310,000.


 b $1,103,000.


 c $1,233,000.


 d $1,293,000.

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Solutions For Problems in Chapter 13