Question

The following information is available from Sand Corporation’s accounting records for the year ended December 31, 2014:
Cash received from customers ..... $870,000
Rent received ............. 10,000
Cash paid to suppliers and employees .... 510,000
Taxes paid ............. 110,000
Cash dividends paid ........... 30,000

Required:
Compute cash flow provided by operations for 2014.



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  • CreatedSeptember 10, 2014
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