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1.Does the company generate sufficient cash from the use of current assets and liabilities or operating activities? W12.13 Calculating Cash Flows Tech Gear Corp. started
1.Does the company generate sufficient cash from the use of current assets and liabilities or operating activities?
W12.13 Calculating Cash Flows Tech Gear Corp. started the year with $100.000 cash and reported net cash provided by operating activities of $200,000, cash paid for dividends of $40,000. cash received from stock issuance of $30.000, cash paid for equipment purchases of $150.000. cash paid for intangible assets of $100.000, and cash paid on bank loan of $35.000. Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. 4. Free cash flowStep by Step Solution
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