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Problem15-40 - Increase in inventory Depreciation expense...

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Problem 15-40 Name: Enter the appropriate amounts or formulas in the gray-shaded cells. An asterisk (*) will appear in the column to the right of an incorrect amount. 1 and 2. Booth Manufacturing Statement of Cash Flows For the Year Ended December 31, 2010 Cash flows from operating activities: Net income Add (deduct) adjusting items: Gain on sale of equipment Decrease in accounts receivable
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Unformatted text preview: Increase in inventory Depreciation expense Decrease in accounts payable Net operating cash Cash flow from investing activities: Sale of equipment Purchase of equipment Purchase of land Net cash from investing activities Cash flow from financing activities: Mortgage received Dividends Net cash from financing activities Net increase in cash 3. (Key essay answer here)...
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