Gibraltar Industries is a New York-based manufacturer of high-value-added steel products. In a recent year, it reported the following activities:   Acquisitions (Investments in other companies) ($8,724.00) Decrease in inventories $1,770.00 Depreciation and Amortization $33,907.00 Long-Term Debt Reduction ($105,507.00) Net Cash provided by operating activities $107,874.00 Net income $24,068.00 Net proceeds from issuance of common stock $250.00 Net proceeds from sale of property and equipment $2,692.00 Payment of dividends ($5,985.00) Proceeds from long-term debt $53,439.00 Proceeds from sale of other equity investments $34,701.00 Purchase of property, plant, and equipment ($21,595.00) Required:   1. Based on this information, present the cash flows from investing and financing activities section of the cash flow statement

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Chapter11: The Statement Of Cash Flows
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Gibraltar Industries is a New York-based manufacturer of high-value-added steel products. In a recent year, it reported the following activities:

 

Acquisitions (Investments in other companies) ($8,724.00)

Decrease in inventories $1,770.00

Depreciation and Amortization $33,907.00

Long-Term Debt Reduction ($105,507.00)

Net Cash provided by operating activities $107,874.00

Net income $24,068.00

Net proceeds from issuance of common stock $250.00

Net proceeds from sale of property and equipment $2,692.00

Payment of dividends ($5,985.00)

Proceeds from long-term debt $53,439.00

Proceeds from sale of other equity investments $34,701.00

Purchase of property, plant, and equipment ($21,595.00)

Required:

 

1. Based on this information, present the cash flows from investing and financing activities section of the cash flow statement.

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