Question
The cash transactions provided occurred during the period. Select them to build a statement of cash flows following US GAAP. Repurchases of common stock $100,000
The cash transactions provided occurred during the period. Select them to build a statement of cash flows following US GAAP.
Repurchases of common stock $100,000
Cash collections from customers $200,000
Cash received in sale of equipment $35,000
Payment of long-term debt $180,000
Proceeds from issuing bonds $200,000
Cash paid to buy a new facility $300,000
Interest earned in cash $25,000
Payment to suppliers $45,000
According to US GAAP Statement of Cash Flows as of December 31, 2013, Select the statement cash flow above and state if this is Sources or Uses in Operating, Investing and Financing.
Operating Activities
Sources:
Uses:
Investing Activities
Sources:
Uses:
Financing Activities
Sources:
Uses:
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