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Format of a cash flow statement direct method Arrange the following information to complete the statement of cash flows for Olympia, Inc. Place parentheses around
Format of a cash flow statement direct method Arrange the following information to complete the statement of cash flows for Olympia, Inc. Place parentheses around those dollar amounts representing cash outlays. Purchases of marketable securities Proceeds from sales of marketable securities Interest and dividends received Interest paid Taxes paid Dividends paid Proceeds from short-term borrowing Payments to settle short-term debts (principal repaid) Cash received from customers Cash paid to suppliers and employees Proceeds from issuing capital stock Purchases of plant assets Proceeds from sales of plant assets Cash and cash equivalents, beginning of year $48,000 $75,000 $19,500 $18,000 $43,500 $27,000 $31.500 $36.500 $681,000 $531,000 $118,500 $201.000 $58,500 $73,500 OLYMPIA, INC. Statement of Cash Flows For the Year Ended December 31, 20 Cash flows from operating activities (direct method): Cash provided by operating activities $ Cash disbursed for operating activities Net cash flow from operating activities Cash flow from investing activities $ Net cash used by investing activities Cash flows from financing activities: Net cash provided by financing activities Net increase (decrease) in cash UL Cash and cash equivalents, end of year $
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