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Exercise 5-15 Presented helow is a condensed version of the comparative balance shects for Sandhi Corporation for the last two years at December 31 2017
Exercise 5-15 Presented helow is a condensed version of the comparative balance shects for Sandhi Corporation for the last two years at December 31 2017 Cash Accounts receivabe s 256,650 113,100 268,250 107,300 251,000 75,400 432,100 Equipmers (153,700 129,050) Current liebilities Common stock Retained eamings 194,300 232,000 445,150 218,950 232,000 256,550 Tnvestments were sold at a loss of $14,50o; no equipment was sold; cash dividends paid were $43,500; and net income was $232,000. Your answer is partially correct. Try again. Prepare statement of cash flows for 2017 for sandhil Corporation. (Show amounts that decrease cash flow with either-Sign e.g.-15,000 or an parentness e.q. (15,000).) Statement of Cash Ilow For the Year Ended December 31, 201 Cash at Beginning of Year Net Income Adjustments to reconcle net income to Net Cash Provided by Operatingctivities Experse Loss on Sale of Investments Decrease in Current Liabilities Net Cash Used by Operating Activities Cash Flows from Investing Activities Net Cash Used by Investing Activities Cash Flows from Financing Activities Payment of Cash Dividends Cash Flows from Financing Activities Cash Flows from Operating Activities Cash Flows from Operating Activities Your answer is incorect. Try again Determine Sandhill Corporstion's free cash flow Free cash flow Click if you would like to Show Work for this question: Question Attempts: 2 of 15 used SAVE FOR LATER
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