Question
A Company provided the following summary information during 2012: Cash received from accounts receivables = $400,000 Cash received from cash sales = $100,000 Cash paid
A Company provided the following summary information during 2012:
Cash received from accounts receivables = $400,000
Cash received from cash sales = $100,000
Cash paid to suppliers and employees = $200,000
Income tax paid = $10,000
Interest paid on bonds = $4,000
Dividend paid on common stock = $7,000
Purchase of land by issuing bonds = $150,000
Proceeds from issuing bonds = $400,000
Purchases of inventory on credit = $850,000
Purchases of treasury stock = $150,000
Loans made to affiliated corporations = $350,000
Dividends paid to preferred stockholders = $100,000
Proceeds from issuing preferred stock = $300,000
Proceeds from sale of equipment = $40,000
Therefore,
(i) net cash provided (or used) by operating activities during 2012 =
(ii) net cash provided (used) by investing activities during 2012=
(iii) net cash provided (used) by financing activities during 2012 =
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