Question
Your Company provided the following summary information during 2016: Cash received from accounts receivables = $500,000 Cash received from cash sales = $200,000 Cash paid
Your Company provided the following summary information during 2016:
Cash received from accounts receivables = $500,000 Cash received from cash sales = $200,000 Cash paid to suppliers and employees = $300,000 Income tax paid = $20,000 Interest paid on bonds = $5,000 Dividend paid on common stock = $8,000 Purchase of land by issuing bonds = $250,000 | Proceeds from issuing bonds = $500,000 Purchases of inventory on credit = $950,000 Purchases of treasury stock = $150,000 Loans made to affiliated corporations = $350,000 Dividends paid to preferred stockholders = $100,000 Proceeds from issuing preferred stock = $400,000 Proceeds from sale of equipment = $50,000 |
(i) net cash provided (or used) by operating activities during 2016 =
(ii) net cash provided (used) by investing activities during 2016 =
(iii) net cash provided (used) by financing activities during 2016 =
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