Question
The following table shows cash flow data for Rocket Transport. Cash dividend$80,000Purchase of bus$33,000Interest paid on debt$25,000Sales of old equipment$72,000Repurchase of stock$55,000Cash payments to suppliers$95,000Cash
The following table shows cash flow data for Rocket Transport.
Cash dividend$80,000Purchase of bus$33,000Interest paid on debt$25,000Sales of old equipment$72,000Repurchase of stock$55,000Cash payments to suppliers$95,000Cash collections from customers$300,000
a.Find the net cash provided by or used in investing activities.
Cash from investments $
b.Find the net cash provided by or used in financing activities.(Negative amount should be indicated by a minus sign.)
Cash from financing $
c.Find the net increase or decrease in cash for the year.
Total cash flow $
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