problem: From the following selected information, find out:
[A] Net cash flow provided by operating activities.
[B] Net cash flow provided by investing activities.
[C] Net cash flow provided by financing activities
[D] Net increase (decrease) in cash during the year.
The cash balance at the end of the year.
Cash receipts from:
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Cash receipts from:
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|
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Customers
|
$270,000
|
|
Investments by owners
|
54,000
|
|
Sale of building
|
90,000
|
|
Proceeds from bank loan
|
60,000
|
|
Cash payments for:
|
|
|
Wages
|
|
|
Utilities
|
3,000
|
|
Advertising
|
4,000
|
|
Rent
|
36,000
|
|
Taxes
|
67,000
|
|
Dividends
|
20,000
|
|
Repayment of principal on loan
|
40,000
|
|
Purchase of land
|
106,000
|
|
Cash balance at beginning of year
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$386,000
|