Question
The following items were gathered from Rindt Industries general ledger: Sale of marketable securities$13,710Depreciation and amortization expense24,052Payment of cash dividends3,273Proceeds from disposal of equipment829Loss on
The following items were gathered from Rindt Industries general ledger:
Sale of marketable securities$13,710Depreciation and amortization expense24,052Payment of cash dividends3,273Proceeds from disposal of equipment829Loss on disposal of equipment170Net income26,123Beginning Cash balance19,930Purchase of equipment21,252Decrease in Accounts Receivable1,478Proceeds from issuing common stock2,211Increase in Inventory3,525Increase in Accounts Payable4,820Ending Cash balance65,273
Using the indirect method, construct Rindt Industries statement of cash flows.(If amount decreases cash flow then enter with a negative sign preceding the number or parenthesis, e.g. -15,000 or (15,000).)
Rindt Industries
Statement of Cash Flows
Cash, ending balance
Cash, beginning balance
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Adjustments to net income
Change in cash
Net income / (loss)
Decrease in accounts receivable
Loss on disposal of equipment
Depreciation and amortization
Increase in accounts receivable
Sale of marketable securities
Increase in inventory
Proceeds from disposal of equipment
Purchase of equipmet
Increase in accounts payable
Decrease in accounts payable
Payment of cash dividends
Decrease in inventory
Proceeds from issuance of common stock
$
Change in cash
Cash flows from financing activities
Adjustments to net income
Cash, beginning balance
Cash, ending balance
Cash flows from investing activities
Cash flows from operating activities
Payment of cash dividends
Increase in accounts payable
Proceeds from issuance of common stock
Net income / (loss)
Depreciation and amortization
Purchase of equipmet
Loss on disposal of equipment
Decrease in accounts payable
Decrease in accounts receivable
Sale of marketable securities
Increase in accounts receivable
Increase in inventory
Decrease in inventory
Proceeds from disposal of equipment
$
Loss on disposal of equipment
Decrease in accounts receivable
Decrease in inventory
Increase in accounts receivable
Depreciation and amortization
Decrease in accounts payable
Purchase of equipmet
Sale of marketable securities
Net income / (loss)
Increase in inventory
Proceeds from disposal of equipment
Increase in accounts payable
Payment of cash dividends
Proceeds from issuance of common stock
Depreciation and amortization
Loss on disposal of equipment
Decrease in inventory
Proceeds from issuance of common stock
Increase in accounts payable
Decrease in accounts receivable
Purchase of equipmet
Increase in accounts receivable
Increase in inventory
Decrease in accounts payable
Sale of marketable securities
Proceeds from disposal of equipment
Payment of cash dividends
Net income / (loss)
Purchase of equipmet
Sale of marketable securities
Payment of cash dividends
Decrease in inventory
Increase in inventory
Proceeds from issuance of common stock
Increase in accounts payable
Loss on disposal of equipment
Net income / (loss)
Depreciation and amortization
Proceeds from disposal of equipment
Decrease in accounts receivable
Decrease in accounts payable
Increase in accounts receivable
Increase in inventory
Proceeds from disposal of equipment
Depreciation and amortization
Payment of cash dividends
Increase in accounts payable
Net income / (loss)
Proceeds from issuance of common stock
Sale of marketable securities
Loss on disposal of equipment
Decrease in accounts payable
Purchase of equipmet
Decrease in accounts receivable
Increase in accounts receivable
Decrease in inventory
Net cash
provided
used
by
operating
financing
investing
activities
Cash flows from investing activities
Cash, beginning balance
Cash flows from financing activities
Adjustments to net income
Cash flows from operating activities
Change in cash
Cash, ending balance
Decrease in inventory
Depreciation and amortization
Increase in inventory
Increase in accounts payable
Purchase of equipmet
Decrease in accounts payable
Sale of marketable securities
Loss on disposal of equipment
Proceeds from disposal of equipment
Payment of cash dividends
Decrease in accounts receivable
Proceeds from issuance of common stock
Net income / (loss)
Increase in accounts receivable
Decrease in accounts receivable
Decrease in accounts payable
Decrease in inventory
Proceeds from disposal of equipment
Sale of marketable securities
Purchase of equipmet
Loss on disposal of equipment
Increase in accounts receivable
Payment of cash dividends
Net income / (loss)
Proceeds from issuance of common stock
Depreciation and amortization
Increase in inventory
Increase in accounts payable
Increase in accounts payable
Depreciation and amortization
Decrease in accounts payable
Loss on disposal of equipment
Sale of marketable securities
Increase in inventory
Increase in accounts receivable
Proceeds from disposal of equipment
Purchase of equipmet
Net income / (loss)
Payment of cash dividends
Proceeds from issuance of common stock
Decrease in accounts receivable
Decrease in inventory
Net cash
provided
used
by
financing
operating
investing
activities
Cash, ending balance
Cash, beginning balance
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Change in cash
Adjustments to net income
Proceeds from disposal of equipment
Sale of marketable securities
Proceeds from issuance of common stock
Loss on disposal of equipment
Depreciation and amortization
Decrease in accounts payable
Increase in inventory
Purchase of equipmet
Increase in accounts payable
Payment of cash dividends
Decrease in inventory
Net income / (loss)
Decrease in accounts receivable
Increase in accounts receivable
Payment of cash dividends
Sale of marketable securities
Decrease in inventory
Proceeds from disposal of equipment
Decrease in accounts payable
Proceeds from issuance of common stock
Increase in inventory
Purchase of equipmet
Net income / (loss)
Increase in accounts payable
Increase in accounts receivable
Depreciation and amortization
Loss on disposal of equipment
Decrease in accounts receivable
Net cash
used
provided
by
operating
financing
investing
activities
Cash, ending balance
Adjustments to net income
Cash flows from operating activities
Change in cash
Cash, beginning balance
Cash flows from investing activities
Cash flows from financing activities
Cash, beginning balance
Cash, ending balance
Cash flows from operating activities
Adjustments to net income
Cash flows from investing activities
Cash flows from financing activities
Change in cash
Cash flows from operating activities
Adjustments to net income
Cash, beginning balance
Change in cash
Cash, ending balance
Cash flows from investing activities
Cash flows from financing activities
$
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