Statement of cash flows for the following: The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is shown as follows:   1   Dec. 31, 20Y3 Dec. 31, 20Y2 2 Assets     3 Cash $155,000.00 $150,000.00 4 Accounts receivable (net) 450,000.00 400,000.00 5 Inventories 770,000.00 750,000.00 6 Investments 0.00 100,000.00 7 Land 500,000.00 0.00 8 Equipment 1,400,000.00 1,200,000.00 9 Accumulated depreciation-equipment (600,000.00) (500,000.00) 10 Total assets $2,675,000.00 $2,100,000.00 11 Liabilities and Stockholders’ Equity     12 Accounts payable (merchandise creditors) $340,000.00 $300,000.00 13 Accrued expenses payable (operating expenses) 45,000.00 50,000.00 14 Dividends payable 30,000.00 25,000.00 15 Common stock, $4 par 700,000.00 600,000.00 16 Paid-in capital in excess of par—common stock 200,000.00 175,000.00 17 Retained earnings 1,360,000.00 950,000.00 18 Total liabilities and stockholders’ equity $2,675,000.00 $2,100,000.00       Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows:   a. The investments were sold for $175,000 cash.   b. Equipment and land were acquired for cash.   c. There were no disposals of equipment during the year.   d. The common stock was issued for cash.   e. There was a $500,000 credit to Retained Earnings for net income.   f. There was a $90,000 debit to Retained Earnings for cash dividends declared.

a corporation reported cash of 15,200 and total assets of 179,500 on its balance sheet its common size percent for cash equals  8.47% 20.44% 13.97% 11.81% 6.47%

Using the information given below calculate the cash flow from financing for Year 2.   Year 1 Year 2 Cash 10.0 20.0 Receivables 30.0 35.0 Net property plant and equipment 50.0 60.0 Total assets 90.0 115.0       Payables 10.0 20.0 Debt 30.0 10.0 Common stock 5.0 15.0 Retained earnings 45.0 70.0 Total liabilities and equity 90.0 115.0       Net income 32.0 48.0   Select one: (53.0) (33.0) 13.0 (13.0)

Statement of Cash Flows—Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows:   Dec. 31, 20Y9 Dec. 31, 20Y8 Assets     Cash $271,620   $255,000   Accounts receivable (net) 98,400   91,580   Inventories 277,770   271,170   Investments 0   105,050   Land 142,470   0   Equipment 306,470   239,730   Accumulated depreciation—equipment (71,750)   (64,650)   Total assets $1,024,980   $897,880         Liabilities and Stockholders' Equity     Accounts payable (merchandise creditors) $185,520   $176,880   Accrued expenses payable (operating expenses) 18,450   23,340   Dividends payable 10,250   8,080   Common stock, $10 par 55,350   44,000   Paid-in capital in excess of par—common stock 208,070   122,110   Retained earnings 547,340   523,470   Total liabilities and stockholders’ equity $1,024,980   $897,880   Additional data obtained from an examination of the accounts in the ledger for 20Y9…