Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 15 Aug 2017 My Price 11.00

Pouchie Co

Prepare a statement of cash flows—indirect method The financial statements of Pouchie Co. included the following information for the year ended December 31, 2013 (amounts in millions):

 

 

 

 

Depreciation and amortization expense . . . . . . . . . . . . . . . . . . .

$260

Cash dividends declared and paid. . . . . . . . . . . . . . . . . . . . . . .

330

Purchase of equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

820

Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

384

Beginning cash balance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

120

Proceeds of common stock issued . . . . . . . . . . . . . . . . . . . . . .

148

Proceeds from sale of building (at book value) . . . . . . . . . . . . . .

212

Accounts receivable increase. . . . . . . . . . . . . . . . . . . . . . . . . . .

16

Ending cash balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

40

Inventory decrease . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

38

Accounts payable increase . . . . . . . . . . . . . . . . . . . . . . . . . . . .

44

 

Required:

Complete the following statement of cash flows, using the indirect method:

 

 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 15 Aug 2017 11:08 AM My Price 11.00

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