3-9. (Working with a statement of cash flous) Given the following information, prepare a statement of cash flows Increase in accounts receivable $25 Increase in inventories 30 Operating income 75 Interest expense 25 Increase in accounts payable 25 Dividends 15 Increase in common stock 20 Increase in net fixed assets 23 Depreciation expense 12 Income taxes 17 Beginning cash 20

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter1: Accounting As A Form Of Communication
Section: Chapter Questions
Problem 1.14E
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3-9. (Working with a statement of cash flows) Given the following information, prepare
a statement of cash flows
Increase in accounts receivable
$25
increase in inventories
30
Operating income
75
Interest expense
25
Increase in accounts payable
25
Dividends
15
Increase in common stock
20
Increase in net fixed assets
23
Depreciation expense
12
Income taxes
17
Beginning cash
20
Transcribed Image Text:3-9. (Working with a statement of cash flows) Given the following information, prepare a statement of cash flows Increase in accounts receivable $25 increase in inventories 30 Operating income 75 Interest expense 25 Increase in accounts payable 25 Dividends 15 Increase in common stock 20 Increase in net fixed assets 23 Depreciation expense 12 Income taxes 17 Beginning cash 20
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