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Husky Company has provided the following information for its most recent year of operation: Cash collected from customers totaled $89,900. Cash borrowed from banks totaled
Husky Company has provided the following information for its most recent year of operation: |
Cash collected from customers totaled $89,900. |
Cash borrowed from banks totaled $32,900. |
Cash paid to employees totaled $32,700. |
Cash paid for interest totaled $4,100. |
Cash received from selling Husky stock to stockholders totaled $47,000. |
Cash payments to banks for repayment of money borrowed totaled $8,100. |
Cash paid for operating expenses totaled $8,500. |
Land costing $25,000 was sold for $25,000 cash. |
Cash paid for dividends to stockholders totaled $3,900. |
How much was Husky's cash flow from operating activities? |
$48,700 | ||||||||||||||||||||
$44,600 | ||||||||||||||||||||
$40,700 | ||||||||||||||||||||
$36,500
|
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