Question: with complete solutions, journal entry (if ever) and answer. Star Company provided the following data for the preparation of statement of cash flows for the
Star Company provided the following data for the preparation of statement of cash flows for the current year using the direct method: Cash balance, beginning Cash paid to purchase inventory Cash received from sale of building Cash paid for interest Cash paid to repay a loan Cash collected from customers Cash received from issuance of ordinary shares Cash paid for dividend Cash paid for income taxes Cash paid to purchase machinery 1,500,000 7,800,000 5,600,000 450,000 1,000,000 10,000,000 1,200,000 780,000 1,320,000 1,950,000 What is the net cash flow from operating activities? 430,000 2 970,000 3 1,750,000 4 880,000
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