Thirdy Inc. had the following transaction / event items in 2022: Received $28 million from customers...

Transcribed Image Text:

Thirdy Inc. had the following transaction / event items in 2022: Received $28 million from customers paying off their accounts receivable from prior sales. . • Received $5 million from Fordy Company in exchange for Thirdy's issued common stock. ● Paid $12 million for a new piece of equipment. • Paid $3 million to its employees in wages and benefits. . Paid $2 million in interest to its lenders. • Paid $1 million to stockholders as dividends. ● . Find Thirdy's cash flows from operating, investing and financing activities (separately - you'll have three answers) for these transactions / events in 2022. Show your computations for each cash flow amount. Show net cash receipts/inflows as positive numbers and net cash payments/outflows as negative numbers. Thirdy Inc. had the following transaction / event items in 2022: Received $28 million from customers paying off their accounts receivable from prior sales. . • Received $5 million from Fordy Company in exchange for Thirdy's issued common stock. ● Paid $12 million for a new piece of equipment. • Paid $3 million to its employees in wages and benefits. . Paid $2 million in interest to its lenders. • Paid $1 million to stockholders as dividends. ● . Find Thirdy's cash flows from operating, investing and financing activities (separately - you'll have three answers) for these transactions / events in 2022. Show your computations for each cash flow amount. Show net cash receipts/inflows as positive numbers and net cash payments/outflows as negative numbers.