Chapter 19 Managerial finance

Question

Complete the statement of sources and uses of cash from the following entries:

       
Net income $ 2,700  
Dividends   600  
Additions to inventory   240  
Additions to receivables   270  
Depreciation   210  
Reduction in payables   670  
Net issuance of long-term debt   420  
Sale of fixed assets   180  

 

Sources
Issued long-term debt
Sale of fixed assets
Cash from operations:
Net income
Depreciation
Total sources
Uses
Additions to inventory
Increase in accounts receivable
Decrease in accounts payable
Payment of dividends
Total uses
Details
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Answer: Sources and uses of cash
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