Based on the Information Provided Below,complete the Following Worksheet to Be

question 28

Essay

Based on the information provided below,complete the following worksheet to be used to prepare the statement of cash flows:
(a) Net income for the year was $30,000.
(b) Dividends of $10,000 were declared and paid.
(c) Stylish's only noncash expense was depreciation,which totaled $50,000.
(d) The company purchased plant assets for $70,000.
(e) Notes payable in the amount of $40,000 were issued during the year for cash.
(f) Accounts receivable increased $10,000.
(g) Merchandise inventory increased $30,000.
(h) Accounts payable decreased $10,000,

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Definitions:

External Events

Occurrences happening outside of an individual that can affect mood, behavior, and perceptions.

Internal Factors

Influences that originate within a person, such as beliefs, values, and personal drive.

Generalized Expectancies

Beliefs or assumptions about how general traits or behaviors are likely to be rewarded or punished in various situations.

Reinforcement Value

The degree to which the outcome of a behavior increases the likelihood of the behavior's recurrence.