Question
MC Qu. 143 Analysis reveals that a company... Analysis reveals that a company had a net increase in cash of $20,440 for the current year.
MC Qu. 143 Analysis reveals that a company...
Analysis reveals that a company had a net increase in cash of $20,440 for the current year. Net cash provided by operating activities was $18,400; net cash used in investing activities was $10,200 and net cash provided by financing activities was $12,240. If the year-end cash balance is $24,600, the beginning cash balance was:
Multiple Choice
$45,040.
$16,280.
$4,160.
$39,880.
$40,880.
MC Qu. 131 In preparing a companys statement...
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:
Net income for the year was | $ | 60,000 | |
Accounts payable decreased by | 26,000 | ||
Accounts receivable increased by | 33,000 | ||
Inventories increased by | 13,000 | ||
Cash dividends paid were | 15,600 | ||
Depreciation expense was | 28,000 | ||
Net cash provided by operating activities was:
Multiple Choice
$38,000.
$52,000.
$144,000.
$16,000.
$76,400.
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