Question

Suppose Ruston Company has the following results related to cash flows for 2017:

Increase in Debt of $700,000
Dividends of $500,000
Purchases of Property, Plant, & Equipment of $8,300,000
Other Adjustments from Financing Activities of $200,000
Other Adjustments from Investing Activities of $500,000
Assuming no other cash flow adjustments than those listed above, create a statement of cash flows for investing and financing activities with amounts in thousands.

Answer 1

Answer & Explanation:

+700,000 Loan

-500,000 Dividends paid

+200,000 Other adjustment

Cash flow generated from financing activities 400,000

-8,300,000 Purchase of equipment

+500,000 Other adjustment

Cash flow used in investing activities 7,800,000