The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 17,300 Proceeds from the sale of common 4,300 stock Purchases of fixed assets Purchases of inventories Payment of dividends 21,300 2,200 14,800 Determine the cash flows from the firm and the cash flows to investors of the firm. (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.) Cash flows from the firm Cash flows to investors of the firm 55
The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 17,300 Proceeds from the sale of common 4,300 stock Purchases of fixed assets Purchases of inventories Payment of dividends 21,300 2,200 14,800 Determine the cash flows from the firm and the cash flows to investors of the firm. (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.) Cash flows from the firm Cash flows to investors of the firm 55
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 6DQ
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