ch 6 homework solutions

ch 6 homework solutions - EXERCISE 6-3 (15- 20 minutes) (a)...

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EXERCISE 6-3 (15--20 minutes) (a) 4. (f) 1. (k) 1. (b) 3. (g) 5. (l) 2. (c) 4. (h) 4. (m) 2. (d) 3. (i) 5. (e) 1. (j) 4. EXERCISE 6-8 (35--45 minutes) CONSTANTINE CAVAMANLIS INC. Statement of Cash Flows For the Year Ended December 31, 2008 Cash flows from operating activities Net income . ............................................................ $ 44,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense . ............................................. $ 6,000 Increase in accounts receivable . ................... (3,000) Increase in accounts payable . ................................ 5,000 8,000 Net cash provided by operating activities . .......... 52,000 Cash flows from investing activities Purchase of equipment . ........................................ (17,000) Cash flows from financing activities Issuance of common stock . ............................................. 20,000 Payment of cash dividends . ............................................ (23,000
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ch 6 homework solutions - EXERCISE 6-3 (15- 20 minutes) (a)...

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