Question: Using the following information, compute cash flow from operating activities under (1) the U.S. approach and (2) the U.K. approach. (a) Cash paid to purchase
Using the following information, compute cash flow from operating activities under (1) the U.S. approach and (2) the U.K. approach. (a) Cash paid to purchase inventory $ 7,800 (b) Cash received from sale of a building 5,600 (c) Cash paid for interest 450 (d) Cash paid to repay a loan 1,000 (e) Cash collected from customers 10,000 (f) Cash received from issuance of new shares of common stock 1,200 (g) ash paid for dividends 780 (h) Cash paid for income taxes 1,320 (i) Cash paid to purchase machinery 1,950
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