Order the answer to: The following data come from the financial statements of The 184760

Assignment Help business-economics Order the answer to: The following data come from the financial statements of The 184760

business-economics

Order the answer to: The following data come from the financial statements of The 184760

Question The following data come from the of The Fun in the Sun Company for the year ended May 31, 2013 (in millions). Data Table Purchase of property, plant and equipment…………………………………………………………….$3,510 Net Income……………………………………………………………………………………………………….. 3,050 Adjustments to reconcile net income to net cash provided by operating activities…. 2,350 Revenues…………………………………………………………………………………………………………..59,100 Cash beginning of the year $270, end of year……………………………………………………….. 1,930 Cost of goods sold……………………………………………………………………………………………..37,550 Other investing cash payments……………………………………………………………………………. $185 Account receivable……………………………………………………………………………………………. 850 Payment of dividends……………………………………………………………………………………….. 290 Common stock…………………………………………………………………………………………………. 4,800 Issuance of common stock………………………………………………………………………………… 195 Sales of property, plant and equipment……………………………………………………………….. 50 Retained earnings……………………………………………………………………………………………..12,950 Prepare a cash flow statement for the year ended May 31, 2013.  What activities provided the largest source of cash? Is this a sign of financial strength or weakness?
Subject business-economics
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