Question
Raven Companys records show the following items. What is Ravens net cash flow from investing activities? The company uses the direct method. Cash paid for
- Raven Companys records show the following items.
What is Ravens net cash flow from investing activities?
The company uses the direct method.
Cash paid for equipment 250,000
Cash paid for inventory 3,000
Cash paid for supplies 15,000
Cash received from stockholders 200,000
Cash received from sale of land 1,000,000
Cash paid on mortgage 50,000
Cash paid for dividends 20,000
Cash received form line of credit 100,000
Cash received from Customers 300,000
- Raven Companys records show the following items.
What is Ravens net cash flow from financing activities?
The company uses the direct method.
Cash paid for equipment 250,000
Cash paid for inventory 3,000
Cash paid for supplies 15,000
Cash received from stockholders 200,000
Cash received from sale of land 1,000,000
Cash paid on mortgage 50,000
Cash paid for dividends 20,000
Cash received form line of credit 100,000
Cash received from Customers 300,000
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
3rd edition
77826485, 978-0077722074, 77722078, 978-0077826482
