Question
The following is cash flow data for Rocket Transport: Cash dividend $ 98,000 Purchase of bus $ 18,000 Interest paid on debt $ 25,000 Sales
| The following is cash flow data for Rocket Transport: |
| Cash dividend | $ | 98,000 | |
| Purchase of bus | $ | 18,000 | |
| Interest paid on debt | $ | 25,000 | |
| Sales of old equipment | $ | 45,000 | |
| Repurchase of stock | $ | 127,000 | |
| Cash payments to suppliers | $ | 125,000 | |
| Cash collections from customers | $ | 480,000 | |
| a. | Find the net cash provided by or used in investing activities. (Input the amount as positive value. Omit the "$" sign in your response.) |
| Net cash (Used in or provided by?) used in provided by investing activities | $ ? |
| b. | Find the net cash provided by or used in financing activities. |
| Net cash (Used in or provided by?) used in provided by financing activities | $? |
| c. | Find the net increase or decrease in cash for the year. |
| Net (Used in or provided by?) decrease increase in cash | $ ? |
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Valuation Workbook
Authors: Tim Koller, Marc Goedhart, David Wessels, Jeffrey P. Lessard, McKinsey & Company
4th Edition
0471702161, 978-0471702160
