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Cash Flow Statement Preparation Given the following cash flow information for RST Corporation: Cash Receipts from Customers $200,000, Cash Payments for Operating Expenses $80,000, Cash
Cash Flow Statement Preparation
Given the following cash flow information for RST Corporation: Cash Receipts from Customers $200,000, Cash Payments for Operating Expenses $80,000, Cash Payments for Income Taxes $15,000, Cash Payments for Investments $25,000, and Cash Payments for Financing Activities $10,000. Prepare a cash flow statement for RST Corporation in a table format.
Cash Flow Category | Amount |
---|---|
Cash Receipts from Customers | $200,000 |
Cash Payments for Operating Expenses | ($80,000) |
Cash Payments for Income Taxes | ($15,000) |
Cash Payments for Investments | ($25,000) |
Cash Payments for Financing Activities | ($10,000) |
____________________________ | _____________ |
Net Cash Flow from Operating Activities | $120,000 |
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