Each of the following independent situations represents amounts shown on the four basic financial statements. 1. Revenues = $25,200; Expenses = $17,100; Net income = 2. Increase in stockholders' equity = $17,000; Issuance of common stock = $11,000; Net income = $11,100; Dividends = 3. Assets = $23,100; Stockholders' equity = $15,000; Liabilities = 4. Total change in cash = $24,200; Net operating cash flows = $32,200; Net investing cash flows = ($15,200); Net financing cash flows

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 17E
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Each of the following independent situations represents amounts shown on the four basic financial statements.
1. Revenues = $25,200; Expenses = $17,100; Net income =
2. Increase in stockholders' equity = $17,000; Issuance of common stock = $11,000; Net income = $11,100; Dividends =
3. Assets = $23,100; Stockholders' equity = $15,000; Liabilities =
4. Total change in cash = $24,200; Net operating cash flows = $32,200; Net investing cash flows = ($15,200); Net financing cash flows
Required:
Fill in the formulas and missing blanks using your knowledge of amounts that appear on the financial statements.
1.
2.
3.
4
=
E
=
$
(15,200)
Transcribed Image Text:Each of the following independent situations represents amounts shown on the four basic financial statements. 1. Revenues = $25,200; Expenses = $17,100; Net income = 2. Increase in stockholders' equity = $17,000; Issuance of common stock = $11,000; Net income = $11,100; Dividends = 3. Assets = $23,100; Stockholders' equity = $15,000; Liabilities = 4. Total change in cash = $24,200; Net operating cash flows = $32,200; Net investing cash flows = ($15,200); Net financing cash flows Required: Fill in the formulas and missing blanks using your knowledge of amounts that appear on the financial statements. 1. 2. 3. 4 = E = $ (15,200)
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