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Assume the following: Net income/profit $450 Depreciation $750 Taxes paid $250 Interest paid $50 Dividends paid $100 Cash received from sale of company building $400
Assume the following: Net income/profit $450 Depreciation $750 Taxes paid $250 Interest paid $50 Dividends paid $100 Cash received from sale of company building $400 Issuance of preferred stock $350 Repurchase of common stock $300 Purchase of machinery $200 Issuance of bonds $500 Debt retired through issuance of common stock $450 Paid off long-term bank borrowings Profit on sale of building $150 $200 a. What is cash flow from operations? b. What is cash flow from investing activities? c. What is cash flow from financing activities? Assume the following: A company has opening trade receivables of $100,000 and closing receivables of $80,000. Sales for the year were $1m of which 60% is on credit. Similarly, the company operates at a gross margin of 50%. Its opening stock was $120,000 and the closing stock was $90,000. a. What was cash receipts from customers for the year? b. What was the purchases
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