Question
The following information should be used to according to the provisions of SFAS 95 (Statement of Cash flows) and using the following data. Net Income
The following information should be used to according to the provisions of SFAS 95 (Statement of Cash flows) and using the following data. Net Income $150,000
Provision for bad debts $4,000
Increase in Inventory $3000
Increase in accounts payable $4,000
Purchase of new equipment $20,000
Sale of equipment for a $7,000 gain $25,000
Depreciation Expense $10,000
Repurchase of common stock $15,000
Payment of dividend $7,000
Interest payment $6,000
1. What is net cash flow fromoperations?
2.What is net cash flow frominvesting?
3.What is net cash flow fromfinancing?
4. What is change in cash?
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