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Hilliard Healthcare Co. Statement of Cash Flows.pdf

Hilliard Healthcare Co. Statement of Cash Flows.pdf - 3...

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3/31/2018 Assignment Print View http://ezto.mheducation.com/hm.tpx?todo=c15SinglePrintView&singleQuestionNo=3.&postSubmissionView=13252707393501098&wid=13252707531… 1/2 3. Award: 10.00 points The following are summary cash transactions that occurred during the year for Hilliard Healthcare Co. (HHC): Cash received from: Customers $ 730,000 Interest on note receivable 19,000 Collection of note receivable 170,000 Sale of land 47,000 Issuance of common stock 270,000 Cash paid for: Interest on note payable 25,000 Purchase of equipment 155,000 Operating expenses 475,000 Dividends to shareholders 37,000 Prepare the cash flows from investing and financing activities sections of HHC’s statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.)
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