Refer to AP2-5. televisions, and projectors. The following is Dell's (simplified) statement of financial position from a

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Refer to AP2-5.

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televisions, and projectors. The following is Dell's (simplified) statement of financial position from a recent year:image text in transcribed

Assume that the following transactions (in millions of dollars) occurred in the remainder of fiscal year 2010 (ending on February 2, 2010):

a. Issued additional shares for \(\$ 200\) in cash.

b. Borrowed \(\$ 30\) from banks; due in two years.

c. Purchased additional investments for \(\$ 13,000\) cash; one-fifth were long term and the rest were short term.

d. Purchased property, plant, and equipment; paid \(\$ 875\) in cash and \(\$ 1,410\) with additional long-term bank loans.

e. Lent \(\$ 250\) to associated companies that signed a six-month note.

f. Sold short-term investments costing \(\$ 10,000\) for \(\$ 10,000\) cash.


Required:
Based on the transactions that occurred in fiscal year 2010, prepare the investing and financing sections of the Dell's statement of cash flows for that year.

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Financial Accounting

ISBN: 9780070001497

4th Canadian Edition

Authors: Patricia A. Libby, Daniel Short, George Kanaan, Maureen Libby Gowing, Robert Libby

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