The following information is available for Santiago Inc.: Compute the following for 2011: 1. Net income 2.
Question:
Compute the following for 2011:
1. Net income
2. Cash from operatingactivities
Transcribed Image Text:
Dec. 31, 2011 Dec. 31, 2010 $ 141,000 665,000 $97,000 543,000 Cash Retained earnings Cash from operating activities Cash from investing activities Cash Dividends declared and paid Net income .. … (483,000) (287.000) 47,000 from financing activities
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Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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