Suppose that you are analyzing the balance sheet of Homes & Tables Ltd. You note the...
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Suppose that you are analyzing the balance sheet of Homes & Tables Ltd. You note the following working capital accounts: Accounts receivable Accounts payable 1 July 2021 $25,000 $31,000 30 June 2022 $42,000 $37,000 During the year-end, Homes & Tables Ltd made sales of $76,000 and made purchases of inventories costing $49,000. Required: 1. List two item examples that are included in the "investing activities" and "financing activities" in a statement of cash flows. (4 marks) Click or tap here to enter text. 2. Calculate the cash receipts from customers for the year ended 30 June 2022. (3 marks) Click or tap here to enter text. 3. Calculate the cash paid to suppliers of inventories for the year ended 30 June 2022. (3 marks) Click or tap here to enter text. Suppose that you are analyzing the balance sheet of Homes & Tables Ltd. You note the following working capital accounts: Accounts receivable Accounts payable 1 July 2021 $25,000 $31,000 30 June 2022 $42,000 $37,000 During the year-end, Homes & Tables Ltd made sales of $76,000 and made purchases of inventories costing $49,000. Required: 1. List two item examples that are included in the "investing activities" and "financing activities" in a statement of cash flows. (4 marks) Click or tap here to enter text. 2. Calculate the cash receipts from customers for the year ended 30 June 2022. (3 marks) Click or tap here to enter text. 3. Calculate the cash paid to suppliers of inventories for the year ended 30 June 2022. (3 marks) Click or tap here to enter text.
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