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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 those
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
| Purchase of Marketbale Securities | $48,000 | ||
| Proceeds from sale of Marketble Securities | $75,000 | ||
| Interest and Dividends Received | $19,500 | ||
| Interest Paid | $18,000 | ||
| Taxes Paid | $43,500 | ||
| Dividends Paid | $27,000 | ||
| Proceeds from Short-term Borrowing | $31,500 | ||
| Payments to settle short-term debts (principal repaid) | $36,000 | ||
| Cash Received from customers | $68,100 | ||
| Cash paid to suppliers and employees | $531,000 | ||
| Proceeds from issuing capital stock | $118,500 | ||
| Purchase of plant assets | $201,000 | ||
| Proceeds from sale of plant assets | $58,500 | ||
| Cash and cash equivalents, beginning of year | $73,500 | ||
Statement of Cash FLows Direct Methods
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