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Cash Flow Statement Preparation Given the following cash flow information for UVW Corporation: Cash Receipts from Customers $200,000, Cash Payments for Operating Expenses $90,000, Cash
- Cash Flow Statement Preparation
Given the following cash flow information for UVW Corporation: Cash Receipts from Customers $200,000, Cash Payments for Operating Expenses $90,000, Cash Payments for Income Taxes $25,000, Cash Payments for Investments $40,000, and Cash Payments for Financing Activities $20,000. Prepare a cash flow statement for UVW Corporation in a tabular format.
Cash Flow Category | Amount |
---|---|
Cash Receipts from Customers | $200,000 |
Cash Payments for Operating Expenses | ($90,000) |
Cash Payments for Income Taxes | ($25,000) |
Cash Payments for Investments | ($40,000) |
Cash Payments for Financing Activities | ($20,000) |
____________________________ | ____________ |
Net Cash Flow from Operating Activities | $45,000 |
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