Determine the company's cash flows based on the following: Transaction Amount of Transaction $125,000 A Cash...
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Determine the company's cash flows based on the following: Transaction Amount of Transaction $125,000 A Cash provided from consulting customers B Cash used for payment of office rent 25,000 C Cash provided from sale of equipment that had been used in operations 50,000 D Cash used for purchase of office equipment 90,000 E Cash provided from long-term borrowing 150,000 F Cash used for purchase of office supplies 3,000 G Cash used to pay office utilities 8,000 H Cash used to pay the bank for a loan due this month 25,000 Cash used for payment of employee salaries 45,000 J Purchase of company vehicle paying 10% cash and signing a note payable for the remaining balance. 50,000 16. $ 17. $ Refer to transaction J, how much should be included in cash used from investing activities? Determine the net cash flows from operating activities (include if needed) 18. $ 19. $ Determine the net cash flows from investing activities (include "-" if needed) Determine the net cash flows from financing activities (include "-" if needed) 20. $ How much did cash change over the year? Determine the company's cash flows based on the following: Transaction Amount of Transaction $125,000 A Cash provided from consulting customers B Cash used for payment of office rent 25,000 C Cash provided from sale of equipment that had been used in operations 50,000 D Cash used for purchase of office equipment 90,000 E Cash provided from long-term borrowing 150,000 F Cash used for purchase of office supplies 3,000 G Cash used to pay office utilities 8,000 H Cash used to pay the bank for a loan due this month 25,000 Cash used for payment of employee salaries 45,000 J Purchase of company vehicle paying 10% cash and signing a note payable for the remaining balance. 50,000 16. $ 17. $ Refer to transaction J, how much should be included in cash used from investing activities? Determine the net cash flows from operating activities (include if needed) 18. $ 19. $ Determine the net cash flows from investing activities (include "-" if needed) Determine the net cash flows from financing activities (include "-" if needed) 20. $ How much did cash change over the year?
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Answer rating: 100% (QA)
To determine the companys cash flows based on the given transactions lets analyze each transaction and categorize them into operating investing or fin... View the full answer
Related Book For
Basic Technical Mathematics
ISBN: 9780137529896
12th Edition
Authors: Allyn J. Washington, Richard Evans
Posted Date:
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