This information is for Dyckman Corporation for the year ended December 31, 2014.Cash received from.

This information is for Dyckman Corporation for the year ended December 31, 2014.Cash received from lenders…….. $20,000Cash received from customers……. 50,000Cash paid for new equipment……. 28,000Cash dividends paid………. 8,000Cash paid to suppliers………. 16,000Cash balance 1/1/14………… 12,000Instructions(a) Prepare the 2014 statement of cash flows for Dyckman Corporation.(b) Suppose you are one of Dyckman’s creditors. Referring to the statement of cash flows, evaluate Dyckman’s ability to repay its creditors.View Solution:
This information is for Dyckman Corporation for the year ended

 

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