Below are the most recent statements of financial position for Tabor Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount: (Negative answers should be Indicated by a minus sign. Omit "$" sign in your response.) TABOR INC. Statement of Financial Position December 31, 2021 2020 Assets Cash Accounts receivable Inventories Property, plant, and equipment Less: Accumulated depreciation Total assets Liabilities and Equity Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings Total liabilities and equity Item Cash Accounts receivable Inventories Property, plant, and equipment Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings $ 33,400 76,894 66,880 161,700 50,303 $288,571 $ 49,493 6,908 28,160 17,600 186,410 $288,571 Source/Use (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V 2021 $ 32,472 80,678 70,110 172,898 57,508 $298,650 $ 51,830 6,195 30,800 22,000 187,825 $298,650 Amount $ $ $ $ $ $ $ $ $
Below are the most recent statements of financial position for Tabor Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash, and the amount: (Negative answers should be Indicated by a minus sign. Omit "$" sign in your response.) TABOR INC. Statement of Financial Position December 31, 2021 2020 Assets Cash Accounts receivable Inventories Property, plant, and equipment Less: Accumulated depreciation Total assets Liabilities and Equity Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings Total liabilities and equity Item Cash Accounts receivable Inventories Property, plant, and equipment Accounts payable Accrued expenses Long-term debt Common stock Accumulated retained earnings $ 33,400 76,894 66,880 161,700 50,303 $288,571 $ 49,493 6,908 28,160 17,600 186,410 $288,571 Source/Use (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V (Click to select) V 2021 $ 32,472 80,678 70,110 172,898 57,508 $298,650 $ 51,830 6,195 30,800 22,000 187,825 $298,650 Amount $ $ $ $ $ $ $ $ $
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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