3-9. (Working with a statement of cash flows) Given the following information, prepare LO3 a statement of cash flows. Increase in accounts receivable Increase in inventories Operating income Interest expense Increase in accounts payable Dividends $25 30 75 25 25 15 20 Increase in net fixed assets 23 Depreciation expense Income taxes 12 17 Beginning cash 20 Increase in common stock
3-9. (Working with a statement of cash flows) Given the following information, prepare LO3 a statement of cash flows. Increase in accounts receivable Increase in inventories Operating income Interest expense Increase in accounts payable Dividends $25 30 75 25 25 15 20 Increase in net fixed assets 23 Depreciation expense Income taxes 12 17 Beginning cash 20 Increase in common stock
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 16MCQ
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Transcribed Image Text:3-9. (Working with a statement of cash flows) Given the following information, prepare LO3
a statement of cash flows.
Increase in accounts receivable
Increase in inventories
Operating income
Interest expense
Increase in accounts payable
Dividends
$25
30
75
25
25
15
20
Increase in net fixed assets
23
Depreciation expense
Income taxes
12
17
Beginning cash
20
Increase in common stock
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