The Following Information Is Available for the Aarons Corporation

question 101

Essay

The following information is available for the Aarons Corporation: Additional information:
(1)There was no gain or loss on the sales of the long-term investments,nor on the bonds retired.
(2)Old equipment with an original cost of $37,550 was sold for $2,100 cash.
(3)New equipment was purchased for $67,550 cash.
(4)Cash dividends of $33,600 were paid.
(5)Additional shares of stock were issued for cash.
Prepare a complete statement of cash flows for calendar-year 2015 using the indirect method.

---

Definitions:

Gas Chromatograph

A gas chromatograph is an analytical instrument used to separate, analyze, and identify compounds in a gaseous sample based on their different boiling points.

Boiling Points

The temperature at which a substance transitions from the liquid phase to the gas phase under standard atmospheric pressure.

Retention Time

The time taken for a substance to travel through a chromatography column to the detector, a critical parameter for identifying substances in the mix.

Gas Chromatograph

An analytical instrument that measures the content of various components in a sample by separating and analyzing vapors.