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Requirements Prepare Salem Water Company's cash flow statement What activities provided the largest source of cash? Is this a sign of financial strength r the
Requirements Prepare Salem Water Company's cash flow statement What activities provided the largest source of cash? Is this a sign of financial strength r the year ended March 31, 2019. Not all items listed will appear on the cash flow statement. 1. 2 weakness? Requirement 1. Prepare Salem Water Company's cash flow statement for the year ended March 31, 2019. Not all items listed will appear on the cash flow statement. (Use parentheses or a minus sign to show cash payments, cash outflows, not used in the statement of cash flow leave the box empty: do not select a label renter a zero.) andior a net decrease in cash. If a box iData Table Millions Purchases of property Other investing cash Cash flows from operating activitles: plant, and equipment for cash 2.700 170 payments Net income... . .. .. 3.100 Accounts receivable 600 Adjustments to reconcile net Payment of dividends 280 Net cash provided by (used for) operating activities income to net cash provided Common stock 4,870 Cash flows from investing activities: by operating activities 2,410 Issuance of common stock 205 Revenues 59,300 Cash proceeds on sale of Cash, beginning of year 270 property, plant, and equipment 55 end of year 2.890 Retained eamings 12 920 Cost of goods sold 37.600 Net cash provided by (used for) investing activities 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 Cash, ending of the year sign of financial strength or weakness? Requirement 2. What activities provided the largest source of cash? Is this activities provided the largest amount of Salem Water's cash. This is usually a sign of financial should be the main source of cash. because
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