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QS 12-17 (Algo) Computing financing cash outflows LO P3 A comparative balance sheet and income statement is shown for Cruz, Incorporated. 1. Assume that all
QS 12-17 (Algo) Computing financing cash outflows LO P3 A comparative balance sheet and income statement is shown for Cruz, Incorporated. 1. Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2021? 2. Assume that no additional notes payable are issued in 2021 . What cash amount is paid to reduce the notes payable balance in 2021? Complete this question by entering your answers in the tabs below. Assume that all common stock is issued for cash. What amount of cash dividends is paid during 2021? QS 12-22B (Algo) Direct: Computing cash receipts from operations LO P5 Russell Company reports sales revenue of $32,400 and interest revenue of $7,400. Its comparative balance sheet shows that accounts receivable decreased $6,400 and interest receivable increased $1,600. Compute cash provided by operating activities using the direct method. (Amounts to be deducted should be indicated by a minus sign.)
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