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1) You are given the following information for the Seymore Company for the year ended December 31, 2020: $136 315 114 72 30 45 Beginning
1) You are given the following information for the Seymore Company for the year ended December 31, 2020: $136 315 114 72 30 45 Beginning cash balance. Property, plant and equipment purchased Payments to suppliers of goods and services Income tax payments.. Dividend payments. Proceeds from sale of property, plant and equipment. Proceeds from issue of common stock Interest payments Cash collected from customers Proceeds from the issue of bonds payable Wages paid to employees...... Cash paid to retire short-term debt 170 15 325 110 50 40 Based on the above information, applying US GAAP classifications, which of the following is a correct statement: A) The net cash provided by operating activities during the year 2020 amounted to $44. B) The net cash used in investing activities during the year 2020 amounted to $315. C) The net cash provided by financing activities during the year 2020 amounted to $210. D) The net increase in cash during the year 2020 amounted to $44. E) The balance of cash at the end of the year 2020 amounts to $165
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