The following cash data were adapted from the annual report of Best Buy Inc. for the period ending March 31, 2001. The cash balance as of April 1, 2000, was $750,723 (in thousands).
|
In thousands |
|
|
Receipts from issuing capital stock |
$235,379 |
|
Payments for property, plant, and equipment |
657,706 |
|
Payments for purchase of other long term assets |
372,096 |
|
Payments for long term debt |
17,625 |
|
Net cash flows from operating activities |
808,204 |
Instructions
Prepare Best Buy’s statement of cash flows for the year ending March 31, 2001.