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Complete the statement of sources and uses of cash from the following entries:

 

  
  Net income$2,700  
  Dividends600  
  Additions to inventory240  
  Additions to receivables270  
  Depreciation210  
  Reduction in payables670  
  Net issuance of long-term debt420  
  Sale of fixed assets180  

 

  
  Sources 
     Issued long-term debt$ [removed]  
     Sale of fixed assets[removed]  
     Cash from operations: 
         Net income[removed]  
         Depreciation[removed]  
 
     Total sources$ [removed]  
 

  Uses 
     Additions to inventory$ [removed]  
     Increase in accounts receivable[removed]  
     Decrease in accounts payable[removed]  
     Payment of dividends[removed]  
 
     Total uses$ [removed]  
 


    • 13 years ago
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