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17 May, 04:18

Suppose Ruston Company has the following results related to cash flows for 2017:

Increase in Debt of $700,000

Dividends of $500,000

Purchases of Property, Plant, & Equipment of $8,300,000

Other Adjustments from Financing Activities of $200,000

Other Adjustments from Investing Activities of $500,000

Assuming no other cash flow adjustments than those listed above, create a statement of cash flows for investing and financing activities with amounts in thousands.

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  1. 17 May, 06:01
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    Answer & Explanation:

    +700,000 Loan

    -500,000 Dividends paid

    +200,000 Other adjustment

    Cash flow generated from financing activities 400,000

    -8,300,000 Purchase of equipment

    +500,000 Other adjustment

    Cash flow used in investing activities 7,800,000
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