Question
Given the following information: Activity Amount, K Cash from short-term borrowing 800,000 Cash from issuing capital stock 2,000,000 Cash from issuing bonds payable 10,000,000 Dividends
- Given the following information:
Activity | Amount, K |
Cash from short-term borrowing | 800,000 |
Cash from issuing capital stock | 2,000,000 |
Cash from issuing bonds payable | 10,000,000 |
Dividends paid | 1,000,000 |
Payments to settle short-term debts | 5,000,000 |
Cash from sales of plant assets | 3,000,000 |
Loans made to borrowers | 500,000 |
Purchases of marketable securities | 6,000,000 |
Collections on loans | 300,000 |
Purchases of plant assets | 10,000,000 |
Cash paid to suppliers and employees | 20,000,000 |
Cash received from customers | 30,000,000 |
Income taxes paid | 1,600,000 |
Interest and dividends received | 500,000 |
Interest paid | 1,000,000 |
Proceeds from sales of marketable securities | 2,000,000 |
- Produce a cash flow statement for the company.
- What does the statement tell us about the financial state of this company? Explain.
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