Question
The following table shows cash flow data for Rocket Transport. Cash dividend Purchase of bus Interest paid on debt Sales of old equipment Repurchase
The following table shows 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 Required: a. Find the net cash provided by or used in investing activities. Cash from investments $ 95,000 $ 63,000 $ 40,000 $ 87,000 $ 85,000 $ 110,000 $ 450,000 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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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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