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Your answer is partially correct. Crane Corporation reported the following information ( in thousands ) at December 3 1 , 2 0 2 4 :
Your answer is partially correct.
Crane Corporation reported the following information in thousands at December :
Additional information:
The bank loan was increased by additional borrowings of $ to partially finance the purchase of new equipment that cost
$ The bank loan was decreased by repayments.
Common shares were issued during the year. None were repurchased.
The company paid dividends during the year.
Net income for the year was $
Prepare the financing activities section of Crane's statement of cash flows for the year. Show amounts that decrease cash flow with either
sign eg or in parenthesis eg Enter amounts in thousands.
CRANE CORPORATION
Statement of Cash Flows Partial
$ in thousands
For the Year Ended December
Cash Flows from Financing Actlvitles
Issue of Common Shares
Payment of Cash Dividends
Repayment of Bank Loan Payable
Net Cash Used by Financing Actlvitles
Note X to the Statement of Cash Flows: During the year, the company purchased equipment costing $ by paying $ cash and
issuing a $
bank loan payable.
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