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how to get net increas/decrease in cash ? what numbers should summed ? Tracing Company Ltd Statement of Cash Flows for the year ended 30th
how to get net increas/decrease in cash ? what numbers should summed ?
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 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 2020Step by Step Solution
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