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(Solved): The income statement and asstional data of Newton Travel Prodvets, inc, follow Requitements 1. Prec ...
The income statement and asstional data of Newton Travel Prodvets, inc, follow Requitements 1. Precare Newisnis statenient of cach fows for the year ended Decembee 31,2021, vsing the indiruct menod. 2. Eviluate the companyi cash flows for be year, in your evaluation mestion al three calngories of cash fowz and give the ratonale for your evaluabon
Data table statemen ipany's cas Dreconcile n ded by (usec in accounts in inventory in prepaid exp in accounts p in accrued lia ash provided \( b \) m investing a cash provided \( \mathrm{t} \) àet more help -
More info Adstional cata. a. Acquiaition of plant assets was \( \$ 215,000 \). Or this amount, \( \$ 160,000 \) was poid in cash and \( \$ 55,000 \) was franced yy rigning a note payable. b. Proceeds trom the sale of land tataied 945000 . d. Payment of a longwern rohe peyatie aas \( \$ 20,000 \) e. Payment of dividutis was \( \$ 9.000 \) f. From the besiance sheets:
a. Acqustion of plant assets was \( 5215.000 \) or this amount. \( \$ 160.000 \) was paid ie cesh and 555.000 was tranced by signing a noce payable b. Proceeds from the sale of land tataied Stit 000 . c. Proceeds trom the issuanos of eonman stock taled \( 3+00,000 \). d. Payment of a longiterm note paytikit was 320,090 e. Pay-ant of divendu was bo 000 . 1. From the balance sheets