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Cash flow statement(Example) The following information is available for APPLE Corporation for the year ended December 31, 2017: Sales $800,000; operating expenses BD 50,000; cost
Cash flow statement(Example) The following information is available for APPLE Corporation for the year ended December 31, 2017: Sales $800,000; operating expenses BD 50,000; cost of goods sold BD 600,000; preferred stock dividend BD 30,000. The company sold its machinery for BD85,000 The company purchased furniture worth of BD 12,000 The company issued stock worth of BD 100,000 Cash at the beginning of the year is BD30,000 Cash at the end of the year is BD323,000 Required: Prepare Cash flow Statement
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