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The accounting records of Fence Up, Inc., reveal: (Click the icon to view the accounting records.) Requirements 1. Compute cash flows from operating activities using
The accounting records of Fence Up, Inc., reveal: (Click the icon to view the accounting records.) Requirements 1. Compute cash flows from operating activities using the direct method. 2. Evaluate the operating cash flow of Fence Up, Inc. Give the reason(s) for your evaluation Requirement 1. Compute cash flows from operating activities using the direct method. (Use parentheses or a minus sign to show net cash used for operating activites.) Cash flows from operating activities: Receipts: Data Table Total cash receipts Payments: Net income.................... S Payment of income tax.......... Collection of dividend revenue ..... Payment to suppliers ........... Collections from customers ....... 9,000 Payment of salaries and wages.....$ 10,000 Depreciation expense ............ 9,000 Payment of interest 70,000 Payment of dividends ........... 86,000 31,000 14,000 16,000 10,000 Print Done Total cash navments Choose from any list or enter any number in the input fields and then continue to the next question. The accounting records of Fence Up, Inc., reveal: Click the icon to view the accounting records.) Requirements 1. Compute cash flows from operating activities using the direct method. 2. Evaluate the operating cash flow of Fence Up, Inc. Give the reason(s) for your evaluation. Total cash receipts Payments: Total cash payments Net cash provided by (used for) operating activities Requirement 2. Evaluate the operating cash flow of Fence Up Talent Agency. Give the reason(s) for your evaluation. Operating cash flow is as shown by the operating activities. Choose from any list or enter any number in the input fields and then continue to the next
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