E23-12 - 200 Purchase of plant(1900 1700-70-130 Net cash...

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Pat Metheny Company Cash flow from Operating activities Cash Collection from customers (1,300 + 6,900 – 1,750) 6450 Less: Cash paid for merchandise(1,600 + 4,700 – 1,900 + 900 – 4100 Cash paid for selling/administrative expenses[250 + (930 – 30) 950 Cash paid for income tax 540 5590 Net cash provided by operating activities 860 Cash flows from investing activities Sale of investment (1420- 1300+80)
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Unformatted text preview: 200 Purchase of plant (1900 - 1700 -70)-130 Net cash provided by investing activities 70 Cash Flow from Financing activities Issuance of capital stock [($1,900 – $1,700) – $70] 130 Decrease of bonds payable-150 Cash dividends paid-260 Net cash used by financing activities-280 Net increase in cash 650 Opening cash 1150 Closing cash 1800...
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