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a- What was the amount of cash provided by operating activities for 2016? b-What was the net cash inflow from investing activities for 2016? During
a- What was the amount of cash provided by operating activities for 2016?
b-What was the net cash inflow from investing activities for 2016?
During 2016 the DLD Company had a net income of $75,000. Below is information taken from a DLD's last two balance sheets Accounts Receivable (all current) Accounts Payable (all current) Land Equipment Accumulated Depreciation Equipment Common Stock 2015 51000 3000 100000 50000 2016 54000 4000 96000 50000 3500 4200 5000 12200 Additional information for 2016 1. Long-term notes receivable related to a loan DLD made to another business entity in the amount of $10,000 were paid back in cash before maturity 2. DLD sold a piece of land at a S500 loss. No other land was purchased during the period 3. Dividends in the amount of S2,000 were paid during the year
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