Question
someone send me answere but they were wrong plese help me to sole these questions Zachary Corporation's December 31, 2010 balance sheet included the following
someone send me answere but they were wrong plese help me to sole these questions
Zachary Corporation's December 31, 2010 balance sheet included the following amounts:
Cash | $ 17,400 |
Retained earnings | 103,500 |
Zachary's accountant provided the following data for 2011:
Revenues | $ 673,900 | Cash inflow from operating activities | $ 857,100 | |||
Expenses | 587,100 | Cash outflow for investing activities | (994,500) | |||
Dividends | 34,100 | Cash inflow from financing activities | 156,600 |
Calculate the amount of cash and retained earnings at the end of 2011.
Cash | $ ????? |
Retained earnings | $ |
question 3:
Walters Inc. began operations on January 1, 2011. The following information relates to Walters' cash flows during 2011.
Cash received from owners | $201,500 |
Cash paid for purchase of land and building | 125,700 |
Cash paid for advertising | 34,200 |
Cash received from customers | 139,900 |
Cash paid to purchase machine | 31,600 |
Cash paid to employees for salaries | 46,400 |
Cash paid for dividends to stockholders | 37,200 |
Cash paid for supplies | 28,700 |
1. Calculate the cash provided/used for each cash flow category. If a net amount is negative (a cash outflow), enter your answer as a negative number.
Net cash provided by operating activities | $ ???? |
Net cash used by investing activities | $ ????? |
Net cash provided by financing activities | $ ?????? |
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