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Complete the statement of sources and uses of cash from the following entries: Net income $3,300 Dividends 700 Additions to inventory 300 Additions to receivables
Complete the statement of sources and uses of cash from the following entries: |
Net income | $3,300 | ||||||||||||||||||||||||||||||||||
Dividends | 700 | ||||||||||||||||||||||||||||||||||
Additions to inventory | 300 | ||||||||||||||||||||||||||||||||||
Additions to receivables | 330 | ||||||||||||||||||||||||||||||||||
Depreciation | 270 | ||||||||||||||||||||||||||||||||||
Reduction in payables | 730 | ||||||||||||||||||||||||||||||||||
Net issuance of long-term debt | 480 | ||||||||||||||||||||||||||||||||||
Sale of fixed assets | 240 | ||||||||||||||||||||||||||||||||||
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