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During the year, Burton Company had cash collections from customers of $100,000, cash paid to employees of $16,000, cash paid to suppliers of $50,000, cash
During the year, Burton Company had cash collections from customers of $100,000, cash paid to employees of $16,000, cash paid to suppliers of $50,000, cash used to retire long-term bonds of $16,000, and cash payments for dividends of $10,000. The net cash flow from operating activities during the year was: O $50,000. O $18,000. O $8,000. O $34,000 QUESTION 2.5 points During the year, the Property, Plant and Equipment account increased by $25,000 and the Accumulated Depreciation account increased by $2,000. In addition, the company sold equipment, which originally cost $12.000 and had $9,000 of accumulated depreciation, for $4.500. What was the cash inflow from the sale of property, plant, and equipment? $4,500 O $15,500 O $12,000 $1,500 During the year, Burton Company had cash collections from customers of $100,000, cash paid to employees of $16,000, cash paid to suppliers of $50,000, cash used to retire long-term bonds of $16,000, and cash payments for dividends of $10,000. The net cash flow from operating activities during the year was: O $50,000. O $18,000. O $8,000. O $34,000 QUESTION 2.5 points During the year, the Property, Plant and Equipment account increased by $25,000 and the Accumulated Depreciation account increased by $2,000. In addition, the company sold equipment, which originally cost $12.000 and had $9,000 of accumulated depreciation, for $4.500. What was the cash inflow from the sale of property, plant, and equipment? $4,500 O $15,500 O $12,000 $1,500
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