Prepare a cash flow statement from investing activities. Description $ Collections on loans 260,000 Cash paid to
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Prepare a cash flow statement from investing activities.
Description | $ | |
Collections on loans | 260,000 | |
Cash paid to acquire plant assets | -3,100,000 | |
Proceeds from sales of plant assets | 580,000 | |
Decrease in accrued income taxes payable | 13,000 | |
Dividends paid | -120,000 | |
Depreciation expense | 115,000 | |
Proceeds from issuing bonds payable | 2,500,000 | |
Decrease in accounts receivable | 70,000 | |
Increase in accounts payable to suppliers | 8,000 | |
Loans made to borrowers | -500,000 | |
Increase in accrued interest payable | 9,000 | |
Increase in accrued interest receivable | 3,000 | |
Increase in inventories | 35,000 | |
Increase in short-term prepayments | 5,000 | |
Gain on sales of marketable securities | 4,000 | |
Decrease in accrued operating expenses payable | 29,000 |
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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