Cash flow statements Given the following information: $ Cash sales 300 Cash collected from accounts receivable 250
Question:
Cash flow statements Given the following information:
$
Cash sales 300 Cash collected from accounts receivable 250 Dividends received 130 Cash paid to accounts payable 290 Proceeds of sale of investments 330 Issue of shares 450 Loan obtained 360 Tax paid 470 Wages paid to employees 410 Share buy-back 490 Purchase of property, plant and equipment for cash 120 Required:
1 What was the cash flow from operating activities?
2 What was the cash flow from investing activities?
3 What was the cash flow from financing activities?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Accounting And Financial Management
ISBN: 9780170454797
8th Edition
Authors: Professor Ken Trotman, Kerry Humphreys
Question Posted: