Question
Below are the most recent statements of financial position for Tabor Inc. Excluding accumulated depreciation, determine whether each item is a source or a use
Below are the most recent statements of financial position for Tabor Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount: (Negative answers should be indicated by a minus sign. Omit "$" sign in your response.) TABOR INC. Statement of Financial Position December 31, 2021 2020 2021 Assets Cash $ 33,400 $ 32,472 Accounts receivable 76,894 80,678 Inventories 66,880 70,110 Property, plant, and equipment 161,700 172,898 Less: Accumulated depreciation 50,303 57,508 Total assets $ 288,571 $ 298,650 Liabilities and Equity Accounts payable $ 49,493 $ 51,830 Accrued expenses 6,908 6,195 Long-term debt 28,160 30,800 Common stock 17,600 22,000 Accumulated retained earnings 186,410 187,825 Total liabilities and equity $ 288,571 $ 298,650 Item Source/Use Amount Cash (Click to select) $ Accounts receivable (Click to select) $ Inventories (Click to select) $ Property, plant, and equipment (Click to select) $ Accounts payable (Click to select) $ Accrued expenses (Click to select) $ Long-term debt (Click to select) $ Common stock (Click to select) $ Accumulated retained earnings (Click to select) $ PrevQuestion 4 of 4 Total4 of 4Visit question mapThis is the last question in the assignment. To submit, use Alt + S. To access other questions, proceed to the question map button.Next
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