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

Net income $3,400

Dividends 800

Additions to inventory 310

Additions to receivables 340

Depreciation 280

Reduction in payables 740

Net issuance of long-term debt 490

Sale of fixed assets 250

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 $

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92370212

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