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You are the CCO of a lulu company. the company recordes were damaged by fires. your job is to remake the cash flow statement for
- You are the CCO of a lulu company. the company recordes were damaged by fires. your job is to remake the cash flow statement for the year that has just ended.
- The company had 3400 dolars in the bank at the end of the prior year (exmple;beginning cash), and its net working capital accounts, except cash, remained constant during the year.
- The firm earned $9,100 in net income during the year and but only paid $4,900 in dividends to its common shareholders.
- During the year, Wonderland Enterprises had sold $3,700 worth of machinery and $7,500 worth of land, which are no longer needed in the firms operations.
- You have just been spoken to the firms accountants and learnt that the annual depreciation expense for the year is $1,200.
- Finally, you have discovered that the firm has obtained a bank loan from the ADB bank for the amount of $2,400.
- To answer the questions that follow, place your responses in the templates provided below.
- Calculate the companys cash flow from operating activities for the year.
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- find the firm's cash flow from investing activities for the year.
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- what is the companys cash flow from financing activities for the year.
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- Estimat the company's cash balance at the end of the year.
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