E10-6 Direct Method Cash Flow Statement - DOC - DOC by oUsDWTj

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									E10-6 Direct Method Cash Flow Statement

                       Consolidated Enterprises Inc. and Subsidiary
                         Consolidated Statement of Cash Flows
                         For the Year Ended December 31, 20X3


Cash Flows from Operating Activities:
  Cash Received from Customers                                        $ 923,000 (a)
  Cash Payments to Suppliers                                           (378,000) (b)
    Net Cash Provided by Operating Activities                         $ 545,000

Cash Flows from Investing Activities:
  Equipment Purchased                                   $(380,000)
  Sale of Equipment                                        45,000
    Net Cash Used in Investing Activities                              (335,000)

Cash Flows from Financing Activities:
  Sale of Bonds                                          $120,000
  Repurchase of Common Stock                              (35,000)
  Dividends Paid:
    To Parent Company Shareholders                         (60,000)
    To Noncontrolling Shareholders                          (6,000)
       Net Cash Provided by Financing Activities                         19,000

Net Increase in Cash                                                  $ 229,000

      (a) $923,000 = $900,000 + $23,000
      (b) $378,000 = $368,000 - $5,000 + $15,000

								
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