The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 16,400 Proceeds from the sale of common stock 4,000 Purchases of fixed assets 29,000 Purchases of inventories 2,400 Payment of dividends 13,100 Determine the cash flows from the firm Determine cash flows to investors of the firm
The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 16,400 Proceeds from the sale of common stock 4,000 Purchases of fixed assets 29,000 Purchases of inventories 2,400 Payment of dividends 13,100 Determine the cash flows from the firm Determine cash flows to investors of the firm
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 3DQ
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The Stancil Corporation provided the following current information: |
Proceeds from long-term borrowing | $ | 16,400 |
Proceeds from the sale of common stock | 4,000 | |
Purchases of fixed assets | 29,000 | |
Purchases of inventories | 2,400 | |
Payment of dividends | 13,100 | |
Determine the cash flows from the firm Determine cash flows to investors of the firm. |
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