Question: Scotts Corporation uses the direct method to prepare its statement of cash flows. Data related to cash activities for last year appears next. Answer the
Scotts Corporation uses the direct method to prepare its statement of cash flows. Data related to cash activities for last year appears next.

Answer the following questions:
1. What was the net cash flow from operating activities for the year?
2. What was the net cash flow from investing activities for the year?
3. What was the net cash flow from financing activities for the year?
4. What was the net change in cash for the year?
5. If the beginning balance of cash for the year was $ 349,000, what was the balance of cash at the end of the year?
Paid for interest. Paid for utilities. Paid dividends. Roceived from customors.. Paid for taxes Received from issuing long-term note payable . Paid to employees.. Paid for equipment. Paid to suppliers. Paid for insurance. Depreciation expense. Paid for advertising. Received from sale of land. Received from sale of plant $14,000 $ 4,300 $39,000 $17,000 $ 9,200 $ 7,400 $ 3,700 $50,000 $ 7,400 $ 5,500 $15,000 $29,000 assets. ....** $ 6,900 $13,000
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Req 1 Cash flows from operating activities Received from customers 50000 Paid for interest 4300 Paid ... View full answer
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