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Each of the following independent situations represents amounts shown on the four basic financial statements. 1. Revenues $25,200; Expenses $17,100; Net income = 2.
Each of the following independent situations represents amounts shown on the four basic financial statements. 1. Revenues $25,200; Expenses $17,100; Net income = 2. Increase in stockholders' equity = $17,000; Issuance of common stock = $11,000; Net income = $11,100; Dividends = 3. Assets = $23,100; Stockholders' equity - $15,000; Liabilities = 4. Total change in cash = $24,200; Net operating cash flows = $32,200; Net investing cash flows = ($15,200); Net financing cash flows Required: Fill in the formulas and missing blanks using your knowledge of amounts that appear on the financial statements. 1. 2. 3. 4. = = $ (15,200)
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