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Home Q & A Board Other Fields Homework Help Business Accounting
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tifftran tifftran
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A year ago
Marcello Industries reported the following cash transactions for last year.

Issuance of shares of Marcello common stock$200,000
Paid dividends to stockholders at year end42,000
Received dividends from investments in other companies22,000
Purchased bonds issued by City of Metropolis20,000
Borrowed money from City Bank25,000
Repurchased Marcello common stock on open market150,000
Purchased factory machinery240,000
Made loan to major supplier80,000

Required:

a.Prepare the investing section of Marcello's statement of cash flows.
b.Prepare the financing section of Marcello's statement of cash flows.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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itashiaitashia
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A year ago
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