Question

​(Working with a statement of cash flows​) Given the information in the popup​ window, LOADING...​, prepare a statement of cash flows. Complete operating activities part of the statement of cash​ flows:  ​(Round to the nearest dollar. NOTE​: Input cash inflows as positive values and cash outflows as negative​ values.)

Increase in accounts receivable	​$25
Increase in inventories	31
Operating income	74
Interest expense	27
Increase in accounts payable	27
Dividends	14
Increase in common stock	18
Increase in net fixed assets	25
Depreciation expense	12
Income taxes	18
Beginning cash	22
​(Click on the icon located on the​ top-right corner of the data table above in order to copy its contents into a spreadsheet.​)

Answer 1

Statement of Cash Flows - Indirect Method
	Amount in $	Amount in $
Net income		$                      74
Cash flows from operating activities
Adjustments for:
Depreciation	$                      12
Increase in Account receivables	$                    -25
Increase In Inventory	$                    -31
Increase in Account Payables	$                      27
		$                    -17
Net cash from operating activities		$                      57
Cash flows from investing activities
Increase in fixed assets	$                    -25
Net cash used in investing activities		$                    -25
Cash flows from Financing activities
Dividend Paid	$                    -14
Increase in common sTock	$                      18
Net cash used in financing activities		$                        4
Net increase in cash and cash equivalents		$                      36
Add :Cash and cash equivalents at beginning of period		$                      22
Cash and cash equivalents at end of period		$                      58