Question
Tesla, Inc. reports the following information: net income of $3,000,000, depreciation expense of $1,000,000, increase in accounts receivable of $500,000, decrease in inventory of $200,000,
Tesla, Inc. reports the following information: net income of $3,000,000, depreciation expense of $1,000,000, increase in accounts receivable of $500,000, decrease in inventory of $200,000, purchase of equipment for $2,000,000, and payment of dividends of $500,000. Prepare Tesla's statement of cash flows for the reporting period.
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Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
4th edition
978-1259543470, 1259543471, 978-1259730191
