From the following selected data, compute:1. Net cash flow provided (used) by operating activities.2. Net cash flow
Question:
From the following selected data, compute:1.
Net cash flow provided (used) by operating activities.2.
Net cash flow provided (used) by investing activities.3.
Net cash flow provided (used) by financing activities. 4, Net increase (decrease) in cash during the year.5.
The cash balance at the end of the year. Cash receipts from: BESSA ietOnaelG denna, TN ovis se ee $270,000 oe Investments by owners...........-. 54,000 - SaleyofsbUil cit Gpeaeec seaman knees 90,000 Proceeds from bank loan.......... 60,000 - Cash payments for: ni \NAGCS eaine. fysteos esis sary curhonaete $ 82,000 =e ICIS Siemeaeiee Ge ctieke soko vans sucao ie tances 3,000 W Nahi el aulinicly atateene shoots Molere ores 4,000 ° ESRentc cae ret es tee leer 36,000 \= Ta X@Ss ee ark:6.
CR oars, AS ee 67,000 DIVid6RidSey. Sys tears ete en atte hs 20,000 ~ Repayment of principal on loan..... 40,000 - PlirchaSeotslancies serene 106,000 ~ ” Cash balance at beginning of year..... $386,000
Step by Step Answer:
Financial Accounting
ISBN: 9780324066708
8th Edition
Authors: W. Steven Albrecht, James D. Stice, Earl Kay Stice, K. Fred Skousen, Albrecht S.E.