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081M1answers - Midterm Exam 1 Answers Statement of Cash...

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Midterm Exam 1 Answers A B C D Statement of Cash Flows Operating: NI 5,810 5,850 6,100 6,300 Depreciation 4,200 4,200 4,100 4,200 Gain on Sale of Investment -3,500 -3,600 -3,400 -3,100 Loss on Sale of PPE 800 700 600 400 Accounts Receivable 800 700 600 400 Supplies Inventory -500 -400 -300 -100 Prepaid Rent 200 100 100 -100 Accounts Payable -700 -800 -900 -600 Interest Payable 650 750 850 550 Unearned Revenue -2,100 -2,000 -1,900 -1,800 Salaries Payable 1,300 1,400 1,600 1,800 Investing: Sell PPE 4,800 3,800 3,600 3,600 Buy PPE -12,800 -11,700 -11,300 -11,200 Sell Investment 7,500 7,400 7,300 7,100 Buy Investment -1,900 -1,600 -1,900 -2,300 Financing Issue Long-Term Note Payable 8,000 9,000 7,000 6,000 Pay off Non-Current Note Payable -1,000 -2,100 -2,900 -1,700 Pay off Current Note Payable -600 -700 -400 -600 Contributed Capital 600 500 900 700 Pay Dividends -2,260 -2,300 -650 -650 Financial Statement Articulation AA- Dec. 31, Year 1 Accounts Receivabl
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This note was uploaded on 01/29/2009 for the course ACCT 250A taught by Professor Hopkins during the Fall '07 term at USC.

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