E10-6 - (335,000) Cash Flows from Financing Activities:...

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E10-6 Direct Method Cash Flow Statement Consolidated Enterprises Inc. and Subsidiary Consolidated Statement of Cash Flows For the Year Ended December 31, 20X3 Cash Flows from Operating Activities: Cash Received from Customers $ 923,000 (a) Cash Payments to Suppliers (378,000) (b) Net Cash Provided by Operating Activities $ 545,000 Cash Flows from Investing Activities: Equipment Purchased $(380,000) Sale of Equipment 45,000 Net Cash Used in Investing Activities
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Unformatted text preview: (335,000) Cash Flows from Financing Activities: Sale of Bonds $120,000 Repurchase of Common Stock (35,000) Dividends Paid: To Parent Company Shareholders (60,000) To Noncontrolling Shareholders (6,000 ) Net Cash Provided by Financing Activities 19,000 Net Increase in Cash $ 229,000 (a) $923,000 = $900,000 + $23,000 (b) $378,000 = $368,000 - $5,000 + $15,000...
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This note was uploaded on 02/19/2011 for the course ACC 440 taught by Professor Henderson during the Spring '08 term at University of Phoenix.

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