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Complete the statement of sources and uses of cash from the following entries: Net income $ 2,600 Dividends 900 Additions to inventory 230 Additions to
Complete the statement of sources and uses of cash from the following entries:
Net income | $ | 2,600 | |
Dividends | 900 | ||
Additions to inventory | 230 | ||
Additions to receivables | 260 | ||
Depreciation | 200 | ||
Reduction in payables | 660 | ||
Net issuance of long-term debt | 410 | ||
Sale of fixed assets | 170 | ||
Sources
Issued long term debt
Sales of fixed assets
Cash from operations
Total Sources
Uses
Additions to Inventory
Increase in account receivables
Decrease in account payable
payments of dividends
Total uses
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