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Q#18: Mash Company, a service provider, has asked for your assistance with their cash flow analysis. Mash makes all sales to customers on account and
Q\#18: Mash Company, a service provider, has asked for your assistance with their cash flow analysis. Mash makes all sales to customers on account and purchases 100\% of the supplies, on account, from Mark Company. Mash provides the following list of normal account balances as well as the company's income statement activity for the twelve months ended 12/31/20X5. Q\#19: Continue with Mash Company from Q18 above and consider that during 20X5, Mash reported total cash provided from operating activities of $385 and total cash provided by investing activities of $110. True or False: Mash would report total cash used within financing activities of $45. Q\#20: Continue with Mash Company and select the answer below that shows the proper value and classification for dividends paid during the twelve months ended 12/31/20X5 : A. \$15,000 outflow (financing activity) B. $17,000 outflow (investing activity) C. $13,000 outflow (operating activity) D. $15,000 outflow (operating activity) E. $13,000 outflow (financing activity) Q\#18: Mash Company, a service provider, has asked for your assistance with their cash flow analysis. Mash makes all sales to customers on account and purchases 100\% of the supplies, on account, from Mark Company. Mash provides the following list of normal account balances as well as the company's income statement activity for the twelve months ended 12/31/20X5. Q\#19: Continue with Mash Company from Q18 above and consider that during 20X5, Mash reported total cash provided from operating activities of $385 and total cash provided by investing activities of $110. True or False: Mash would report total cash used within financing activities of $45. Q\#20: Continue with Mash Company and select the answer below that shows the proper value and classification for dividends paid during the twelve months ended 12/31/20X5 : A. \$15,000 outflow (financing activity) B. $17,000 outflow (investing activity) C. $13,000 outflow (operating activity) D. $15,000 outflow (operating activity) E. $13,000 outflow (financing activity)
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