From the following selected data, compute: 1. Net cash flow provided (used) by operating activities. 2. Net
Question:
1. Net cash flow provided (used) by operating activities.
2. Net cash flow provided (used) by investing activities.
3. Net cash flow provided (used) by financing activities.
4. Net increase (decrease) in cash during the year.
5. The cash balance at the end of theyear.
Transcribed Image Text:
Cash receipts from: Customers... Investments by owners.. Sale of building... Proceeds from bank loan..100,000 410,000 80,000 225,000 Cash payments for: Wages Utilities Advertising Rent laxes Dividends Repayment of principal on loana Purchase of land 9,000 15,000 56,000 83,000 45,000 60,000 289,000 417,000 2 Cash balance at beginning of year
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Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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