Larsen statement of cash flows


Early in 2010, Larsen Corporation purchased marketable securities at a cost of $90,000. In September, dividends of $6,600 were received; Larsen sold the securities in December at a gain of $5,600. How would these transactions be reported on Larsen's statement of cash flows for 2010?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Larsen statement of cash flows
Reference No:- TGS071473

Expected delivery within 24 Hours