Question

Healey Corporation's statement of financial position as at December 31, 2014, showed the following amounts:
Cash ............ $100
Accounts Receivable .... $600
Land .......... $1,000
Accounts Payable ..... $300
Bonds Payable ...... $500
Common Shares ....... $400
Retained Earnings ..... $500
Healey's statement of financial position as at December 31, 2013, showed the following amounts:
Cash ........... $150
Accounts Receivable .... $450
Land ........... $800
Accounts Payable ...... $700
Common Shares ...... $400
Retained Earnings ..... $300
Assume that no dividends were declared or paid in 2014. Calculate the net cash provided (used) by operating activities for the year ended December 31, 2014.


$1.99
Sales0
Views89
Comments0
  • CreatedSeptember 18, 2015
  • Files Included
Post your question
5000