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Taxes Net Income $78.3 $117.5 $81.2 $121.8 Common dividends Addition to retained earnings $615 $56.0 $57.0 $64.8 Capital Two Inc. has no amortization charges. STATEMENT
Taxes Net Income $78.3 $117.5 $81.2 $121.8 Common dividends Addition to retained earnings $615 $56.0 $57.0 $64.8 Capital Two Inc. has no amortization charges. STATEMENT OF CASH FLOWS-Capital Two Inc. (2015) Information from the balance sheet and income statement can be used to construct the Statement of Cash Flows, which is shown below for Capital Two Inc., in millions of dollars Operating Activities Net Income before preferred dividends Additions (Sources of Cash) 2015 Depreciation and amortization Change in accounts payable Change in accruals Subtractions (Uses of Cash) Change in accounts receivable Change in inventories Net cash provided by operating activities Long-term investing activities Cash used to acquire fixed assets Financing Activities Change in notes payable Change in bonds Payment of dividends Net cash provided by financing activities Net decrease in cash and marketable securities Cash and securities at beginning of the year Cash and securities at end of the year
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