Format of a Cash Flows Statement-Direct Method
Arrange the Following

question 35

Essay

Format of a cash flows statement-direct method
Arrange the following information to complete the statement of cash flows for Jericho Corporation assuming interest and dividends received and paid are classified as operating activities. Place parentheses around those dollar amounts representing cash outlays.
$\begin{array}{|l|r|}\hline \text { Collection on loans made to bor rowers } & \$ 104,000 \\\hline \text { Loans made to bor rowers } & \$ 229,000 \\\hline \text { Interest and dividends received } & \$ 24,000 \\\hline \text { Interest paid } & \$ 21,500 \\\hline \text { Income taxes paid } & \$ 91,500 \\\hline \text { Dividends paid } & \$ 44,000 \\\hline \text { Payments to retire bonds payable } & \$ 179,000 \\\hline \text { Payments to settle short-term debts } & \$ 474,000 \\\hline \text { Cash receipts from customers } & \$ 1,709,000 \\\hline \text { Cash paid to suppliers and employees } & \$ 1,054,000 \\\hline \text { Proceeds from issuing ordinary shares } & \$ 254,000 \\\hline \text { Purchases of property, plant and equipment } & \$ 684,000 \\\hline \text { Proceeds from sales of property, plant and equipment } & \$ 329,000 \\\hline \text { Cash and cash equivalents, beginning of year } & \$ 481,500\\\hline\end{array}$

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The practice of including one or a small number of members of a minority group to create the appearance of representation, inclusion, and nondiscrimination, without ever giving these members access to power.

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A principle of fairness where individuals are treated without bias, irrespective of their background, race, or gender, especially in employment and education.

Administrative Assistants

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