Quantum Dots, Inc., is a nanotechnology company that manufactures quantum dots, which are tiny pieces of silicon
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Current Year Previous Year Cash Flows from Operating Activities Net cash provided by (used for) operating activities Cash Flows from Investing Activities Purchases of research equipment Proceeds from selling all short-term investments Net cash provided by (used for) investing activities $ (50,790) (250,770) 35,000 (215,770) $(46,730) (480,145) (480,145) Cash Flows from Financing Activities Additional long-term debt borrowed Proceeds from stock issuance Cash dividends paid Net cash provided by (used for) financing activities Net increase (decrease) in cash Cash at beginning of period Cash at end of period 100,000 140,000 200,000 200,000 (10,000) 390,000 240,000 (26,560) 29,025 $ 2,465 (136,875) 165,900 $ 29,025
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Quantum Dots Inc reports a net cash outflow for both years 26560 and 136875 even with significan...View the full answer
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Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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