Question
Directions: Fill in the missing amounts for the Mulkey Company. All listed items appear on the indirect cash flow statement. Cash Flow Information: Ending
Directions: Fill in the missing amounts for the Mulkey Company. All listed items appear on the indirect cash flow statement. Cash Flow Information: Ending Cash 1111 Cash Flow from Financing 40 Accrued Liabilities -140 Net Income 1192 Sale of Investments 259 Cash Flow from Investing -789 Accounts Receivable -132 Payment of Bonds Payable -233 Inventories 27 Payment of Dividends -150 Accounts Payable 136 Depreciation 243 Solution: Beginning Cash 534 Cash Flow from Operations 1,326 Issuance of Stock 423 Purchase of PPE (1,048) Change in Cash 577
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