Question
Below are the line items (in alphabetical order) including (simplified with change in account balance / impact shown) from Pool Co's financials. Prepare a statement
Below are the line items (in alphabetical order) including (simplified with change in account balance / impact shown) from Pool Co's financials. Prepare a statement of cash flows using the indirect method. Accounts payable INCREASED Accrued expenses and other current liabilities INCREASED Acquisition of businesses Amortization INCREASED Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 6,402 20,682 5,934 1,559 9,721 17,487 Depreciation INCREASED Loss on sale of property and equipment 9,746 263 Net income Other financing activities (resulted positive cash) INCREASED Other operating assets (resulted in positive cash) INCREASED Payments of cash dividends Payments on long-term debt and other long-term liabilities Payments on revolving line of bank credit 71,993 944 8,635 26,470 149 700,749 Prepaid expenses INCREASED 2,951 Proceeds from revolving line of bank credit 749,349 Proceeds from stock issued under share-based compensation plans 13,085 Product inventories INCREASED 35,339 Purchases of property and equipment 19,844 Purchases of treasury stock 77,769 Receivables INCREASED Sale of property and equipment Source: Pool Corporation 5,887 200 Prepare Pool Corporation's statement of cash flows in good form for the year ended December 31. (List cash outflows as negative amounts. Enter your answers in thousands.) POOL CORPORATION Consolidated Statements of Cash Flows For the Year Ended December 31 Operating activities: (in thousands) Adjustments to reconcile net income to net cash provided by operating activitites: Changes in operating assets and liabilities: Investing activities: Financing activities
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