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Complete the statement of sources and uses of cash from the following entries: Net income $2,800 Dividends 700 Additions to inventory 250 Additions to receivables
Complete the statement of sources and uses of cash from the following entries: |
Net income | $2,800 |
Dividends | 700 |
Additions to inventory | 250 |
Additions to receivables | 280 |
Depreciation | 220 |
Reduction in payables | 680 |
Net issuance of long-term debt | 430 |
Sale of fixed assets | 190 |
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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