refer pa 1 3 other cash flow information cash from issuing common stock 21 000 cash 4373277

Refer PA 1-3. Other cash flow information: Cash from issuing common stock…………. $ 21,000 Cash paid to acquire common stock…………. 23,500 Cash paid for income taxes………….………. 11,000 Cash paid to purchase long- term assets…….. 41,000 Cash paid to suppliers and employees………. 83,200 Cash received from customers………….…. 137,000 Required: 1. Did Open Table rely more on creditors or stockholders for its financing at September 30, 2013? What is your information source? 2. Did the retained earnings at September 30, 2013, arise primarily from current year earnings or earnings retained from prior years? What is your information source? View Solution:
Refer PA 1 3 Other cash flow information Cash from issuing common stock

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