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4 Exercise 4 - 1 6 ( Algo ) Calculate operating cash flows ( LO 4 - 7 ) 2 . 2 5 points Print
Exercise Algo Calculate operating cash flows LO
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Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.
Required:
Calculate cash flows from operating activities. List cash outflows as negative amounts.
tabletableAmountIncluded inOperating CashFlowsa Cash used for purchase of office supplies, $b Cash provided from consulting to customers, $c Cash used for purchase of mining equipment, $d Cash provided from longterm borrowing, $e Cash used for payment of employee salaries, $f Cash used for payment of office rent, $g Cash provided from sale of equipment purchased in c above, $h Cash used to repay a portion of the longterm borrowing in d above, $i Cash used to pay office utilities, $j Purchase of company vehicle, paying $ cash.,Cash flows from operating activities,
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