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Complete the statement of sources and uses of cash from the following entries: Net income $2,700 Dividends 600 Additions to inventory 240 Additions to receivables
Complete the statement of sources and uses of cash from the following entries: |
Net income | $2,700 |
Dividends | 600 |
Additions to inventory | 240 |
Additions to receivables | 270 |
Depreciation | 210 |
Reduction in payables | 670 |
Net issuance of long-term debt | 420 |
Sale of fixed assets | 180 |
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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