The following information is available from Sand Corporation's accounting records for the year ended December 31, 2017:
Question:
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 2017.
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Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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