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Rodriquez Corporation s comparative balance sheets are presented below Additional information Net income was $18300 Dividends declared

Rodriquez Corporation s comparative balance sheets are presented below Additional information: 1. Net income was $18,300. Dividends declared and paid were $16,400. 2. Equipment which cost $10,000 and had accumulated depreciation of $1,200 was sold for $3,300. 3. No noncash investing and financing activities occurred during 2019. Instructions (a) Prepare a statement of cash flows for 2019 using the indirect method. (b) Compute free cash flow.

May 14 2020 View more View Less

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