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Shimko Corporation's most recent comparative balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $
Shimko Corporation's most recent comparative balance sheet and income statement appear below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Cash and cash equivalents $ $ Accounts receivable Inventory Property, plant and equipment Less accumulated depreciation Total assets $ $ Liabilities and stockholders' equity: Accounts payable $ $ Bonds payable Common stock Retained earnings Total liabilities and equity $ $ Income Statement Sales $ Cost of goods sold Gross margin Selling and administrative expense Net operating income Income taxes Net income $ The company paid a cash dividend of $ and it did not dispose of any property, plant, and equipment. The company did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows. The net cash provided by used in investing activities for the year was: Multiple Choice $ $ $ $
Shimko Corporation's most recent comparative balance sheet and income statement appear below:
Comparative Balance Sheet
Ending Balance Beginning Balance
Assets:
Cash and cash equivalents $ $
Accounts receivable
Inventory
Property, plant and equipment
Less accumulated depreciation
Total assets $ $
Liabilities and stockholders' equity:
Accounts payable $ $
Bonds payable
Common stock
Retained earnings
Total liabilities and equity $ $
Income Statement
Sales $
Cost of goods sold
Gross margin
Selling and administrative expense
Net operating income
Income taxes
Net income $
The company paid a cash dividend of $ and it did not dispose of any property, plant, and equipment. The company did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.
The net cash provided by used in investing activities for the year was:
Multiple Choice
$
$
$
$
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