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Activity 5.4 The following items relate to cash receipts. Cash sales, $200,000 Credit sales, $250,000 Cash received from accounts receivable, $180,000 Borrowings from the bank,
Activity 5.4 The following items relate to cash receipts. Cash sales, $200,000 Credit sales, $250,000 Cash received from accounts receivable, $180,000 Borrowings from the bank, $80,000 Issue of shares, $170,000 a) What is the cash flow from operations? b) What is the cash flow from investing? c) What is the cash flow from financing? (6 marks)
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
