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Saved He Chapter 4 Homework - GRADED Exercise 4-16A Calculate operating cash flows (L04-7) Below are cash transactions for Goldman Incorporated, which provides consulting services
Saved He Chapter 4 Homework - GRADED Exercise 4-16A Calculate operating cash flows (L04-7) Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. 3 2 points a. Cash used for purchase of office supplies, $2,350. b. Cash provided from consulting to customers, 550,100 c Cash used for purchase of mining equipment, $82,000. d. Cash provided from long-term borrowing, $69,000. e. Cash used for payment of employee salaries $24.900 Cash used for payment of office rent, $12.900 9. Cash provided from sale of equipment purchased in C above, $23,400. n. Cash used to repay a portion of the long term borrowing in d. above, 544,500. 1 Purchase of company vehicle, paying $10,900 cash. Print Required: Calculate cash flows from operating activities. (List cash outflows as negative amounts.) Cash flows from operating activities ME
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