Question: Find the missing amounts in the following cash flows statement: x company cash flows statement for the year ended Dec.31/2020 Cash flows from operating activities
Find the missing amounts in the following cash flows statement:
| x company |
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| cash flows statement |
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| for the year ended Dec.31/2020 |
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| Cash flows from operating activities |
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| Net income | 180000 |
| Depreciation | 26000 |
| decrease in Account receivable | 10000 |
| decrease in inventory | 22000 |
| increase in accrued wages and taxes | 8000 |
| increase in Account payable | 12000 |
| Net cash flow from operating activities | ? |
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| Cash flows from Investing activities |
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| decrease in fixed assets | 60000 |
| decrease in long term assets | ? |
| Net cash flow from investing activities | 200000 |
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| Cash flows from Financing activities |
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| increase in notes payable | 1000 |
| increase in common stock | 24000 |
| decrease in long term debts | 4000 |
| cash dividends paid | 20000 |
| Net cash flow from financing activities | ? |
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| net change in cash during the year | ? |
| Beginning Balance of cash | ? |
| Ending Balance of cash |
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