Gibraltar Industries is a New York-based manufacturer of high-value-added steel products. In a recent year, it reported the following activities: Acquisitions (Investments in other companies) ($8,724.00) Decrease in inventories $1,770.00 Depreciation and Amortization $33,907.00 Long-Term Debt Reduction ($105,507.00) Net Cash provided by operating activities $107,874.00 Net income $24,068.00 Net proceeds from issuance of common stock $250.00 Net proceeds from sale of property and equipment $2,692.00 Payment of dividends ($5,985.00) Proceeds from long-term debt $53,439.00 Proceeds from sale of other equity investments $34,701.00 Purchase of property, plant, and equipment ($21,595.00) Required: 1. Based on this information, present the cash flows from investing and financing activities section of the cash flow statement
Gibraltar Industries is a New York-based manufacturer of high-value-added steel products. In a recent year, it reported the following activities:
Acquisitions (Investments in other companies) ($8,724.00)
Decrease in inventories $1,770.00
Depreciation and Amortization $33,907.00
Long-Term Debt Reduction ($105,507.00)
Net Cash provided by operating activities $107,874.00
Net income $24,068.00
Net proceeds from issuance of common stock $250.00
Net proceeds from sale of property and equipment $2,692.00
Payment of dividends ($5,985.00)
Proceeds from long-term debt $53,439.00
Proceeds from sale of other equity investments $34,701.00
Purchase of property, plant, and equipment ($21,595.00)
Required:
1. Based on this information, present the cash flows from investing and financing activities section of the cash flow statement.
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