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Husky Company has provided the following information for its most recent year of operation:
  Cash collected from customers totaled $89,900.
  Cash borrowed from banks totaled $32,900.
  Cash paid to employees totaled $32,700.
  Cash paid for interest totaled $4,100.
  Cash received from selling Husky stock to stockholders totaled $47,000.
  Cash payments to banks for repayment of money borrowed totaled $8,100.
  Cash paid for operating expenses totaled $8,500.
  Land costing $25,000 was sold for $25,000 cash.
  Cash paid for dividends to stockholders totaled $3,900.
  How much was Husky's cash flow from operating activities?

$48,700

$44,600

$40,700

$36,500


Husky Company has provided the following information for its most recent year of operation:
  Cash collected from customers totaled $90,000.
  Cash borrowed from banks totaled $33,100.
  Cash paid to employees totaled $32,800.
  Cash paid for interest totaled $4,300.
  Cash received from selling Husky stock to stockholders totaled $48,000.
  Cash payments to banks for repayment of money borrowed totaled $8,200.
  Cash paid for operating expenses totaled $8,600.
  Land costing $26,000 was sold for $26,000 cash.
  Cash paid for dividends to stockholders totaled $4,000.
  How much was Husky's cash flow from financing activities?

$81,100

$64,600

$72,900

$68,900

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9967273

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