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The statement of cash flows for the year ended December 31, 2018, for Bronco Metals t BRONCO METALS Statement of Cash Flows For the Year
The statement of cash flows for the year ended December 31, 2018, for Bronco Metals t BRONCO METALS Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities: Collections from customers Interest on note receivable Dividends received from investments Purchase of inventory Payment of operating expenses Payment of interest on note payable 373,000 4,400 2,800 (190,000) (63,000) (8,400) Net cash flows from operating activities Cash flows from investing activities: $ 118,800 Collection of note receivable Purchase of equipment 120,000 (194,000) Net cash flows from investing activities Cash flows from financing activities: (74,000) Proceeds from issuance of common stock Dividends paid 240,000 (44,000) Net cash flows from financing activities Net increase in cash Cash and cash equivalents, January 1 Cash and cash equivalents, December 31 196,000 240,800 28,200 $ 269,000
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