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Thank you so much!!! Only need help with incorrect part! The following is cash flow data for Rocket Transport: Cash dividend Purchase of bus Interest
Thank you so much!!! Only need help with incorrect part!
The following is cash flow data for Rocket Transport: Cash dividend Purchase of bus Interest paid on debt Sales of old equipment Repurchase of stock Cash payments to suppliers Cash collections from customers $ 87,000 $ 47,000 $ 25,000 $ 61,500 $ 58,500 $ 95,000 $ 370,000 a. Find the net cash provided by or used in investing activities. (Input the amount as positive value.) Answer is complete and correct. provided by investing activities $ 14,500 Net cash b. Find the net cash provided by or used in financing activities. (Input the amount as positive value.) Answer is complete and correct. financing activities $ 145,500 Net cash used in c. Find the net increase or decrease in cash for the year. (Input the amount as positive value.) Answer is complete but not entirely correct. Net increase in cash $ 129,500Step by Step Solution
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