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16. . With the information provided below, prepare the 1-month cash-flow statement table and calculate the cash flows of the operating, investing and financing activities,
16. . With the information provided below, prepare the 1-month cash-flow statement table and calculate the cash flows of the operating, investing and financing activities, as well as the Net Cash Increase (Decrease) from this manufacturing company. (5 points)
- Initial Entrepreneurs Investment in the business $250,000 (Issuance of Common Stock)
- Bank loan of $48,000 (Proceeds from Note Payable)
- Annual Interests of 5% paid on the Bank Loan (Payment of Interest)
- Cash of $45,000 used to buy machines (Purchase of Equipment)
- Cash of $25,000 to buy a truck (Purchase of other Assets)
- Cash of $15,000 to buy computers (Purchase of Equipment)
- The total cost of the inventory is $70,000, but only $35,000 was paid so far (Payments for Inventory)
- Collection of $22,000 from customers (Collections from Customers)
- Payment for rent of $10,000 (Payments for Operating Expenses)
On the left column of the table, insert the financial denomination between brackets, and in the right one only the amount in $.
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Net cash from operating activities | = |
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Net cash from investing activities | = |
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Net Cash increase (decrease) | = |
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