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How they calculated the net decrease in cash (265 000) ? L e damo sebe. Prepare a Cash Flow Statement as at the 30th June
How they calculated the net decrease in cash (265 000) ?
L e damo sebe. Prepare a Cash Flow Statement as at the 30th June 2020. Franciering AMD Tracing Company Ltd Statement of Cash Flows for the year ended 30th June 2020 Cash flows from operating activities Receipts from customers Payments to suppliers Payments to employees Interest paid Income tax paid Net cash provided by operating activities 445,000 (156,000) (187,000) (47,000) (35,000) 20,000 Cash flows from investing activities Acquisition of non-current assets Proceeds from sale of non-current assets Proceeds from sale of equipment Net cash used in investing activities (225,000) 180,000 27.500 (17.500) Cash flows from financing activities Payment of dividends to shareholders Proceeds from issue of shares Payment of long-term debt Net cash provided by financing activities (17,000) 316,000 (36.500) 262.500 Net decrease in cash for the year Cash balance as at the 30th June 2019 Cash balance as at the 30th June 2020 265,000 125.000 390.000 SEGONA Week 8 - Additional Pre-Workshop Question - Solution Tracing Company Ltd at 30 June 2020 Cash balance 30/6/19 Loss on sale of vehicle Income tax payments Cash paid to suppliers Cash received from customers Proceeds from sale of land Proceeds from issue of shares Depreciation expense Interest payments Investment in computing equipment Payments of dividends to shareholders Proceeds from sale of equipment Payments to employees Payments of long-term debt 125,000 6,500 35,000 156,000 445,000 180,000 316,000 65,000 47,000 225,000 17,000 27.500 187,000 36,500 Prepare a Cash Flow Statement as at the 30th June 2020
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