The Following Information Is Available for Chenard Corporation for the Year

question 112

Essay

The following information is available for Chenard Corporation for the year ended December 31, 2014. $$\begin{array} { l r } \text { Beginning cash balance } & 35,000 \\\text { Accounts payable decrease } & 3,200 \\\text { Depreciation expense } & 76,000 \\\text { Accounts receivable increase } & 8,200 \\\text { Inventory increase } & 13,000 \\\text { Net income } & 269,100 \\\text { Cash received for sale of land at bookvalue } & 35,000 \\\text { Sales revenue } & 747,000 \\\text { Cash dividends paid } & 12,000 \\\text { Income taxpayable increase } & 4,700 \\\text { Cash used to purchase building } & 144,000 \\\text { Cash used to purchase treasury stock } & 32,000 \\\text { Cash received from issuing bonds } & 206,000\end{array}$$
Instructions
Prepare a statement of cash flows using the indirect method.

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Definitions:

Injection Molding

A technique to manufacture parts by injecting fluid material into a predefined mold.

Capability Index

A statistical measure used to quantify the ability of a process to produce output within specified limits.

Capability Index

A statistical measure of a process's ability to produce output within specified limits.

Sampling Variability

The variation in statistical measures, such as means or proportions, from sample to sample, due to the random selection of samples.