Question
Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction A Cash used
Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction A Cash used for payment of employee salaries $525,000 B Cash provided from sale of equipment that had been used in operations 32,000 C Cash used for purchase of office supplies 2,400 D Cash used for purchase of office equipment 100,000 E Cash used to pay office utilities 17,500 F Cash used for payment of office rent 32,000 G Cash provided from consulting customers 754,000 H Cash provided from long-term borrowing 300,000 " Cash used to pay the bank for a loan due this month 50,000 J Purchase of company vehicle paying 2/10 cash and borrowing the rest. 40,000 16. $ Refer to transaction J, how much should be included in cash used from investing activities? 17. $ 18. $ 19. $ 20. $ Determine the net cash flows from operating activities (include "if needed) Determine the net cash flows from investing activities (include "if needed) Determine the net cash flows from financing activities (include if needed) How much did cash change over the year?
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