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Complete the statement of sources and uses of cash from the following entries: Net income $3,400 Dividends 800 Additions to inventory 310 Additions to receivables
Complete the statement of sources and uses of cash from the following entries:
Net income $3,400
Dividends 800
Additions to inventory 310
Additions to receivables 340
Depreciation 280
Reduction in payables 740
Net issuance of long-term debt 490
Sale of fixed assets 250
Sources Issued long-term debt $
Sale of fixed assets
Cash from operations:
Net income
Depreciation
Total sources $
Uses Additions to inventory $
Increase in accounts receivable
Decrease in accounts payable
Payment of dividends
Total uses $
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