The information needed to prepare the Cash Flow from Operating Activities section of Pro Corporation's consolidated statement

Question:

The information needed to prepare the Cash Flow from Operating Activities section of Pro Corporation's consolidated statement of cash flows is included in the following list (in thousands):

Cash received from customers ....................................... $645

Cash paid to suppliers ................................................... 365

Cash paid to employees .................................................. 54

Cash paid for other operating items .................................... 47

Cash paid for interest expense .......................................... 24

Cash proceeds from sale of land ....................................... 120

Noncontrolling interest dividends ...................................... 20

Dividends received from equity investees ............................ 14

REQUIRED

Prepare the Cash Flows from Operating Activities section of Pro's consolidated statement of cash flows under the direct method.

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Advanced Accounting

ISBN: 978-0133451863

12th edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

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