iData Table -X017 (in millions). Purchases of property statement Other investing cash plant and equipment for cash 3.495 payments 160 Net income 3.100 Accounts receivable 950 Adjustments to reconcile net Payment of dividends 280 income to net cash provided Common stock 4,830 by operating activities 2,370 Issuance of common stock 155 Revenues 58,900 Cash proceeds on sale of Cash, beginning of year 230 property, plant, and equipment 40 Retained earnings end of year 1,960 12,980 37 410 Cost of goods sold Done Print 2(2 complete) The following data come from the financial statements of Fun in the Sun Company for the year ended March 31, 2017 (in millions) E (Click the icon to view the information.) Requirements 1. Prepare a cash flow statement for the year ended March 31, 2017, Not all items given appear on the cash flow statement. 2. What activities provided the largest source of cash? Is this a sign of financial strength or weakness? Cash flows from operating activities: Net cash provided by (used for) operating activities Cash flows from investing activities Choose from any list or enter any number in the input fields and then continue to the next question The following data come from the financial statements of Fun in the Sun Company for the year ended March 31, 2017 (in millions). (Click the icon to view the information.) Requirements 1. Prepare a cash flow statement for the year ended March 31, 2017. Not all items given appear on the cash flow statement. 2. What activities provided the largest source of cash? Is this a sign of financial strength or weakness? Net cash provided by (used for) investing activities Cash flows from financing activities: Net cash provided by (used for) financing activities Net increase (decrease) in cash Cash, beginning of the year Choose from any list or enter any number in the input fields and then continue to the next question Activity Details You have viewed this topic This Question: 50 pts 2 of 2 (2 complete) This Test: 100 pts The following data come from the financial statements of Fun in the Sun Company for the year ended March 31, 2017 (in millions) (Click the icon to view the information.) Requirements 1. Prepare a cash flow statement for the year ended March 31, 2017, Not all items qiven appear on the cash flow statement. 2. What activities provided the largest source of cash? Is this a sign of financial strength or weakness? Net cash provided by (used for) financing activities Net increase (decrease) in cash Cash, beginning of the year Cash, ending of the year Requirement 2. What activities provided the largest source of cash? Is this a sign of financial strength or weakness? activities provided the largest amount of Fun in the Sun's cash. This is usually a sign of financial because should be the main source of cash. Choose from any list or enter any number in the input fields and then continue to the next question. Activity Details You have viewed this topic