Question
how would i answer this? it wants me to Calculate the change in cash for the year. Start with the operating?activities, then complete the rest
how would i answer this?
it wants me to Calculate the change in cash for the year. Start with the operating?activities, then complete the rest of the statement. ?(Leave any unused cells blank. Enter decreases with parentheses or a negative?sign.)
The data is:
Cash sales collected from customers
$36,000
Cash received from sale of vehicle
5,200
Goodwill amortization expense for the year
3,200
Cash received from issuance of stock
71,000
Cash paid for salaries
19,000
Cash received from sale of land
21,400
Cash paid for other operating expenses
13,700
Cash paid to vendor for inventory
10,900
So far I got:
cash from operating activities:
CAsh collected from customers: $36000
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