Question
During the year, a company had the following cash flows. Cash inflow from A/R collections $85,000 Cash inflow from sale of treasury stock $100,000 Cash
During the year, a company had the following cash flows.
| Cash inflow from A/R collections | $85,000 |
| Cash inflow from sale of treasury stock | $100,000 |
| Cash outflow from inventory purchases | $61,000 |
| Cash inflow from sale of product | $32,000 |
| Cash outflow from purchase of capital equipment | $28,000 |
What was the total operating cash flow for the year?
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Step 11 Inventory purchase cash outflow 61000 Product sales cash inflow 320...
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
