a 36 The following information is available for Stamos Corporation for the year December 31, 2022. Beginning cash Accounts payable decrease Depreciation Accounts receivable Inventory increase Net income Cash received for sale of land at Cash dividends paid Income taxes Cash used to purchase building Cash used to purchase treasury Cash received from issuing bonds $ 45,000 3,700 162,000 8,200 11,000 Assuming these are the only facts, what amount will Stamos corporation report as Net Cash Provided (Used) by Operating Activities on the statement of cash flows? Show format. 284,100 35,000 12,000 4,700 289,000 26,000 200,000 b Using the information in Question #36, what amount will Stamos corporation report as Cash Provided (Used) by Investing Activities on the statement of cash flows? Show format.
a 36 The following information is available for Stamos Corporation for the year December 31, 2022. Beginning cash Accounts payable decrease Depreciation Accounts receivable Inventory increase Net income Cash received for sale of land at Cash dividends paid Income taxes Cash used to purchase building Cash used to purchase treasury Cash received from issuing bonds $ 45,000 3,700 162,000 8,200 11,000 Assuming these are the only facts, what amount will Stamos corporation report as Net Cash Provided (Used) by Operating Activities on the statement of cash flows? Show format. 284,100 35,000 12,000 4,700 289,000 26,000 200,000 b Using the information in Question #36, what amount will Stamos corporation report as Cash Provided (Used) by Investing Activities on the statement of cash flows? Show format.
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter6: Statement Of Cash Flows
Section: Chapter Questions
Problem 20E
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![a
36 The following information is available for Stamos Corporation for the year ended
December 31, 2022.
Beginning cash
Accounts payable decrease
Depreciation
Accounts receivable
Inventory increase
Net income
Cash received for sale of land at
Cash dividends paid
Income taxes
Cash used to purchase building
Cash used to purchase treasury
Cash received from issuing bonds
$ 45,000
3,700
162,000
8,200
11,000
284,100
35,000
12,000
4,700
289,000
26,000
200,000
Assuming these are the only facts, what amount will Stamos
corporation report as Net Cash Provided (Used) by Operating
Activities on the statement of cash flows? Show format.
b Using the information in Question #36 , what amount will Stamos
corporation report as Cash Provided (Used) by Investing
Activities on the statement of cash flows? Show format.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcdda9a54-b642-4c1b-b956-fd4b98368e00%2F9486713c-321e-4dd0-a4fe-80df3907b2e8%2Ftq142rh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:a
36 The following information is available for Stamos Corporation for the year ended
December 31, 2022.
Beginning cash
Accounts payable decrease
Depreciation
Accounts receivable
Inventory increase
Net income
Cash received for sale of land at
Cash dividends paid
Income taxes
Cash used to purchase building
Cash used to purchase treasury
Cash received from issuing bonds
$ 45,000
3,700
162,000
8,200
11,000
284,100
35,000
12,000
4,700
289,000
26,000
200,000
Assuming these are the only facts, what amount will Stamos
corporation report as Net Cash Provided (Used) by Operating
Activities on the statement of cash flows? Show format.
b Using the information in Question #36 , what amount will Stamos
corporation report as Cash Provided (Used) by Investing
Activities on the statement of cash flows? Show format.
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