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Chapter 13 - Homework eBook Show Me How Calculator Print Item Statement of cash flows-indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Final Question Instructions Statement of Cash Flows The comparative balance sheet of Olson-Jones Industries Inc. for December 31, 20Y2 and 2041, is as follows: Olson-Jones Industries, Inc. Slaternent of Cash Flows Dec 31, 20Y2 Dec 31, 2011 December 31, 20Y2 Assets Cash flows from operating activities: Cash $163.0D $489.00 285.00 Accounts receivable (net) 205.00 Adjustments to reconcile net income to net cash flow from operating activities: Inventories 180.00 111.00 Loss on sale of land (55.00) Land 449.00 Increase in inventories 49.00 396.00 228.00 Equipment 179.00 Changes in current operating assets and liabilities: Accumulated depreciation-equipment Cash received from sale of common stock (57.00) (56.00) $1,520.00 (31.00) $1,076.00 Total assets Liabilities and Stockholders' Equity 11 Accounts payable (merchandise creditors) $171.00 $162.00 11 Dividends payable 30.00 1: Cash flows from investing activities: 13 Common stock, $1 par 105.00 48.00 14 Paid-in capital: Excess of issue price over par-common stock 248.00 12700 15 Retained earnings 966.00 739.DD 15 Total Liabilities and stockholders' equity $1,520.00 $1,076.00 15 Cash flows from financing activities: Chapter 13 - Homework Book Show Me Horn Calculator Print hem Statement of cash flows-indirect method Instructions Labels and Amount Descriptions Statement of Cash Flows Final Question Instructione Statement of Cash Foas Total liabi kies and stockholdes ecuity 51,520.00 $1,076.00 -1 Cash flows immimesting activities The following additional information is taken from the reports: A. Land was said tor $130. B. Equipment was acquired for cash. C. There were nu disposal ol qui non during the year. Cash Luns from Tinancing activities D. The common stock was sued lor cash. F. THAT WAS A $924 credit to Ratana Faminga kar net incama E There was a $97 detto Ratained Famings for cash dvklands daclared. A. Propano stato conosciamo al p ing cash warm aparatlagnae. Radario the Labe's and Amount Desorios Asr crowded for the exact wording of Wear we haces for det erres. Be sure to complete the esting of the statement in the overal l section, use the m usegno indicate cash oulions discr6898 in cash and c ash out flow it required. In the wing and manang acinos section wa s sigo any indicato a NET cash 2) Cash it thr hrginning of the year 21 Gasha the end of the year Label and Amount Descriptions Netsch Now from operating activities Natash now used for operating acimas Net ach How fram i resting actvi.cs Net cach How used for resting activities Nel cash flow from financing activities Nel l ow zev for liricing activities Check My Work 5 more Check My Work 1988 errsining
