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Complete the statement of sources and uses of cash from the following entries: Net income $1,800 Dividends $600 Additions to inventory $150 Additions to receivables
Complete the statement of sources and uses of cash from the following entries:
Net income $1,800
Dividends $600
Additions to inventory $150
Additions to receivables $180
Depreciation $120
Reduction in payables $580
Net issuance of long-term debt $330
Sale of fixed assets $90
Sources
Blank $
Blank $
Cash from operations
Blank $
Blank $
Total sources $
Uses
Additions to inventory $150
Increase in accounts receivable $180
Decrease in accounts payable $580
Payment of dividends $600
Total uses $1,510
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