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Sources and use statement for 2017 and 2016 information Cash flow-financing activities total Dividends to shareholders...

Sources and use statement for 2017 and 2016 information

Cash flow-financing activities total

Dividends to shareholders

retained earnings

Net income was 8630

2017

39935

2016

35519

 dividends
short term debt

2017

2761

2016

1252

 short term debt change
long term debt

2017

24267

2016

22349

 long term debt change
other L/T liabilities

2017

2614

2016

2151

 other L/T liabilities change
common stock/PIC

2017

10281

2016

9875

 Common stock
treasury stock

2017

-48196

2016

-40194

 treasury stock
other equity

2017

-566

2016

-867

 other equity
balance for financing

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Expert Solution

Cash flow-financing activities Total Source of Use
Dividends to shareholders 2017 2016 dividends -4214 Use
retained earnings 39935 35519
Net income was 8630
short term debt 2017 2016 short term debt change 1509 Source
2761 1252
long term debt 2017 2016 long term debt change 1918 Source
24267 22349
other L/T liabilities 2017 2016 other L/T liabilities change 463 Source
2614 2151
common stock/PIC 2017 2016 Common stock 406 Source
10281 9875
treasury stock 2017 2016 treasury stock -8002 Use
-48196 -40194
other equity 2017 2016 other equity 301 Source
-566 -867
balance for financing -7619

Dividends paid is a use of cash. Increase in liabilities and equity is a source of cash since cash is coming in the business. Increase in treasury is a use of cash since additional stocks are repurchased.

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jeff jeffy answered 1 year ago
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