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6. Following is a statement of cash flows for Edvalue Services. Several dollar amounts are missing (a) Insert the missing amounts. (b) Has there been
6. Following is a statement of cash flows for Edvalue Services. Several dollar amounts are missing (a) Insert the missing amounts. (b) Has there been a net increase or decrease in cash? How much? (c) Comment on the company's cash position. Edvalue Services Cash Flow Statement For the year ended December 31, 20-- in thousands) Cash and cash equivalents, January 1, 20- $ 5 Cash flow from operating activities Cash from net income Increase in accounts receivable Increase in accounts payable Interest on short-term investments Taxes paid Net cash flow from operating activities $ 30 (20) 10 5 (10) ??? Cash flow from investing activities Purchase of equipment Sale of used equipment Net cash outflow from investing activities (60) 5 ??? 40 Cash flow from financing activities Equipment loan Owner's investment Net cash inflow from financing activities Cash and equivalents, December 31, 20-- 5 ??? $
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