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please answer Q30-Q35 as this is all 1 big question in 10 min thanks Condensed financial data of PM Company for 2017 and 2016 are
please answer Q30-Q35 as this is all 1 big question in 10 min thanks
Condensed financial data of PM Company for 2017 and 2016 are presented below. Note that X in the following statement of cash flows identifies a dollar amount and the letters (A) through (F) identify specific items which appear in the major sections of the statement prepared using the indirect method. X + X (A) -X (B) X Statement of Cash Flows Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Add Deduct Net cash provided by operating activities Cash flows from investing activities Inflows Outflows Net cash provided (used) by investing activities Cash flows from financing activities Inflows Outflows Net cash provided (used) by financing activities Net increase (decrease) in cash + X (C) -X (D) X + X (E) -X (F) X x For each of the following items, the section or sections where the effect would be reported. Use the code (A through F) from above. If the item is not required to be reported in the body of the statement of cash flows, select the word "none". For each of the following items, the section or sections where the effect would be reported. Use the code (A through F) from above. If the item is not required to be reported in the body of the statement of cash flows, select the word "none". 30. Accrued estimated income taxes for the period. These taxes will be paid next year. 31. Amortization of premium on bonds payable. 32. Purchase of available-for-sale securities. 33. Declaration of stock dividends (not yet issued). 34. Issued preferred stock in exchange for equipment. 35. Two-year notes issued at discount for a patent. JUL Step by Step Solution
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