Answer:
<u>statement of cash flows using the indirect method.</u>
Cash Flow from Operating Activities
Net income for the year was $77
Adjustment of Non-Cash Items :
Depreciation $40
Adjustment for Working Capital items:
Decrease in Accounts receivable $4
Increase in Inventory ($3)
Increase in Accounts Payable $2
Net Cash From Operating Activities $120
Cash Flow from Investing Activities
Purchases of Property, plant, and equipment ($108)
Net Cash used in Investing Activities ($108)
Cash Flow from Financing Activities
Proceeds from Common Stock Issue $1
Dividends Paid ($13)
Net Cash used in Financing Activities ($12)
Net Cash Inflow/(Outflow) during the period $10
Cash and Cash Equivalents at Beginning of the Period $37
Cash and Cash Equivalents at End of the Period $47
Explanation:
<u>Show the Movement of Cash in the 3 categories of </u>
- Cash flow from Operating Activities
- Cash flow from Investing Activities
- Cash flow from Financing Activities
