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Abigail Corporation uses the direct method to prepare its statement of cash flows. Data related to cash activities for last year appear next. View the
Abigail Corporation uses the direct method to prepare its statement of cash flows. Data related to cash activities for last year appear next. View the data.
Read the requirement.
Calculate the net cash flow from operating activities for the year. Use parentheses or a minus sign for numbers to be subtracted or net cash outflows.
Operating Activities:
Data related to cash activities
tablePaid for equipment.,$Paid for interest $Paid to suppliers.,$Paid for utilities. $Paid for insurance,$Paid dividends.,$Depreciation expense,$Received from customers $Paid for advertising,$Paid for taxes...,$Received from sale of land,$Received from issuing longterm note payable,$Received from sale of plant assets :$Paid to employees....,$
Abigail Corporation uses the direct method to prepare its statement of cash flows. Data related to cash activities for last year appear next.
Vlew the data
Calculate the net cash flow from operating activities for the year. Use parentheses or a minus sign for numbers to
Requirement
Answer the following questions:
What was the net cash flow from operating activities for the year?
What was the net cash flow from investing activities for the year?
What was the net cash flow from financing activities for the year?
What was the net change in cash for the year?
If the beginning balance of cash for the year was $ what was the balance of cash at t
Abigail Corporation uses the direct method to prepare its statement of cash flows. Data related to cash activities for last year appear next. View the data.
Read the requirement
Calculate the net cash flow from operating activities for the year. Use parentheses or a minus sign for numbers to be subtracted or net cash outflows.
Operating Activities:he end of the year?be subtracted or net cash outflows.
Operating Activities:
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