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A comparative balance sheet and income statement is shown for Cruz, Inc. How much cash is received from sales to customers for year 2017? What
A comparative balance sheet and income statement is shown for Cruz, Inc. How much cash is received from sales to customers for year 2017? What is the net increase or decrease in cash for year 2017? Furniture costing $70, 000 is sold at its book value in 2017, Acquisitions of furniture total $58, 000 cash, on which no depreciation is necessary because it is acquired at year-end. What is the cash inflow related to the sale of furniture? Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2017? Assume that no additional notes payable are issued in 2017 What cash amount is paid to reduce the notes payable balance in 2017? How much cash is paid to acquire inventory during year 2017? How much cash is paid for "other expenses" during year 2017
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