Question
Complete the statement of sources and uses of cash from the following entries: Net income $ 2,300 Dividends 600 Additions to inventory 200 Additions to
Complete the statement of sources and uses of cash from the following entries:
Net income $ 2,300
Dividends 600
Additions to inventory 200
Additions to receivables 230
Depreciation 170
Reduction in payables 630
Net issuance of long-term debt 380
Sale of fixed assets 140
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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