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Business, 10.10.2019 05:30, rachelreed
The following is a condensed version of the comparative balance sheets for pearl corporation for the last two years at december 31. 2020 2019 cash $ 292,050 $ 128,700 accounts receivable 297,000 305,250 investments 85,800 122,100 equipment 491,700 396,000 accumulated depreciation-equipment (174,900 ) (146,850 ) current liabilities 221,100 249,150 common stock 264,000 264,000 retained earnings 506,550 292,050 additional information: investments were sold at a loss of $16,500; no equipment was sold; cash dividends paid were $49,500; and net income was $264,000. prepare a statement of cash flows for 2020 for pearl corporation. (show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,
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The following is a condensed version of the comparative balance sheets for pearl corporation for the...
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