Cash Flow Statement

Create a Cash Flow Statement for Global Corporation for 2007. The Balance Sheet and Income Statements are provided below. Supplemental information:

• Additions to PP&E for 2007 is $33.4 million
• Dividends for 2007 were $1 million
• Ignore Retained Earnings Calculation: Net Income and Dividends are provided.
  • No change in common stock
  • S/E increased $1 million = ΔR/E (NI-Div)

There are 2 pictures attached.