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Discuss E5-18 - 27,000 Cash flows from investing activities...

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Statement of Cash Flows Indirect method Menschem Corporation For the year ended December 31, 2010 Cash flow from operating activites Net Income 34,000 Adjustment to reconcile net income to net cash provided by operating activitites: Depreciation 6,000 Increase in account receivable -18,000 Increase in account payable 5,000 -7,000 Net cash provided by operating activities
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Unformatted text preview: 27,000 Cash flows from investing activities Purchase of equipment -15,000 Net cash used by investing activites -15,000 Cash use by financing activities Issance of common stock 20,000 Payment of cash dividends -23,000 Net cash provided by financing activties Err:522 Net increase in cash 9,000 Cash at beginning of year 13,000 Cash at end of year 22,000...
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