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[The following information applies to the questions displayed below.) Forever Fitness, Incorporated, reported the following information for the six-month period ended June 29, 2019. Items

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[The following information applies to the questions displayed below.) Forever Fitness, Incorporated, reported the following information for the six-month period ended June 29, 2019. Items are listed alphabetically and are in thousands of dollars. Accounts Payable Accounts Receivable Advertising Expense Cash (January 1, 2019) Cash (June 29, 2019) Common Stock Dividends Equipment Income Tax Expense Inventory Notes Payable Office Expense Operating Expenses Retained Earnings (January 1, 2019) Sales Revenue Supplies $ 1,028,600 593,000 69,900 1,383,900 1,069,000 1,523,500 309,900 3,065,900 78,900 648,900 348,200 656,900 693,900 2,725,900 1,729,000 168,900 Other cash flow information: Cash received from issuing common stock Cash paid to purchase equipment Cash paid to suppliers and employees Cash received from customers Cash received from sale of long-term assets Dividends paid to stockholders $ 57,900 529,900 1,431,900 1,715,000 183,900 309,900 WORK 4. Prepare a statement of cash flows for the six months ended June 29, 2019. (Cash outflows should be entered as negative amounts. Enter your answers in thousands.) 5 Forever Fitness, Incorporated Statement of Cash Flows (in thousands) Cash Flows from Operating Activities $ Cash Flows from Investing Activities: 0 0 Cash Flows from Financing Activities: What amount of total assets have been financed by the creditors and the stockholders? (Enter your answers in thousands.) (s in thousands) Financed by Creditors Financed by Stockholders Was the company financed mainly by creditors or stockholders? Creditors Ostockholders What is your information source? O Income Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flows 2-a. Was the stockholders' equity at June 29, 2019, comprised more of contributions made by stockholders directly to the company or amounts earned and retained through profitable business operations? Comprised more of contributions made by stockholders directly to the company. Amounts earned and retained through profitable business operations. O Approximately equal amounts of both. 2-b. What is your information source? Income Statement Statement of Retained Earnings O Balance Sheet Statement of Cash Flows

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