Need to calculate: net cash used by investing activities in 2011, amount of inte

Question

Need to calculate: net cash used by investing activities in 2011, amount of interest paid in 2011, and amount of income taxes paid in 2011 to sufficiently answer this question. Thank you!!!

TOOTSIE ROLL INDUSTRIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF Earnings, Comprehensive Earnings and Retained Earnings (in thousands except per share data For the year ended December 31 2010 $528,369 $517,149 $495,592 2011 2009 Net product sales Rental and royalty revenue Total revenue Product cost of goods sold Rental and royalty cost Total costs Product gross margin Rental and royalty gross margin Total gross margin Selling, marketing and administrative expenses Impairment charges Earnings from operations Other income (expense), net Earnings before income taxes Provision for income taxes Net earnings 4,299 365229 349.448 499:331 349,334 3,739 1224 319,775 532,505 365,225 366,263 3,098 1,038 5320,627 1,088 163,144 167,815 3,211 166,242 1.0.. seing, marketing and administrative expenses 108,276 6 -178,704 106,316 103,755 14,0 64,710 57,966 2,946 60,949 2.100 63,049 9.892 8,358 73,068 16,974 20,00552057 $43,938 53,063 $53,157 Net earnings Other comprehensive earnings (loss) Comprehensive earnings 43,938 $53,063 $53,157 (8,740) - L183 2,845 Retained earnings at beginning of year. Net earnings Cash dividends Stock dividends Retained earnings at end of year $135,866 $147,687 $144,949 53,157 (18,360) (18,078) (17,790) (32,629) $114,269 $135,866 $147,687 43,938 (47,175)(46,806) Earnings per share ) $0.89 Average Common and Class B Common shares outstanding 57,892 58,685 59,425 (The accompanying notes are an integral part of these statements.)

Explanation / Answer

Answer:

The following answer is taken from the Consolidated Cash Flow statement provided in the question..

Net Cash Used by Investing activities for 2011 = $51,157

The amount of interest paid in 2011 was = $38

The amount of Income taxes paid in 2011 was = $16,906

Related Questions

Navigate

• Browse (All)
• Browse N
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.