ICA Corp is preparing its statement of cash flows for the year ended Dec 31, 2002 using the indirect method and has developed the following data:
INCREASE IN DEFERRED TAX LIABILITIES 23,000
DECREASE IN A/P (58,000)
INCREASE IN ACCRUED INTEREST PAYABLE 43,000
INTEREST PAID 31,000
PROCEEDS FROM ISSUANCE OF LONG-TERM DEBT 600,000
INCREASE IN CAPITAL LEASE PAYABLE 67,000
PAYMENTS ON LONG-TERM DEBT (49,000)
PURCHASE OF BONDS PAYABLE 90,000
Based on the information developed about, ICA would report net cash provided from financing activities in the amount of?© BrainMass Inc. brainmass.com September 20, 2018, 11:05 am ad1c9bdddf - https://brainmass.com/business/statement-of-cash-flows/cash-foow-statement-151034
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