Use the following cash flow data for Rocket Transport to find Rocket's: a. Net cash provided...

 

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Use the following cash flow data for Rocket Transport to find Rocket's: a. Net cash provided by or used in investing activities b. Net cash provided by or used in financing activities. c. Net increase or decrease in cash for the year. Cash dividend Purchase of bus $100,000 $ 73,000 Interest paid on debt $ 45,000 $ 92,000 Sales of old equipment Repurchase of stock Cash payments to suppliers Cash collections from customers $ 95,000 $115,000 $500,000 Use the following cash flow data for Rocket Transport to find Rocket's: a. Net cash provided by or used in investing activities b. Net cash provided by or used in financing activities. c. Net increase or decrease in cash for the year. Cash dividend Purchase of bus $100,000 $ 73,000 Interest paid on debt $ 45,000 $ 92,000 Sales of old equipment Repurchase of stock Cash payments to suppliers Cash collections from customers $ 95,000 $115,000 $500,000

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Rocket Transport Cash Flow Analysis Classifying Cash Flows Cash collections from customers Operating ... View the full answer