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The given information reflects Cash flow and other actions of Framer Company for six months ending June 30.

Paid for Equipment 45,000

Paid for income taxes 3,000

Paid for insurance 1,000

Paid for interest  900.

Paid for utilities 790.

Paid for advertising  560.

Paid to owners 5,000

Paid to suppliers 28,000

Paid to employees 17,000

Depreciation Expense 13,500

Received from customers 99,000

Received from issuing long-term 40,000

Received from sale of land 18,000

a) What are the total cash flows from the operating activity for the period?

b) Find out the total cash flow from the investing activity for the period?

c) Find out the total cash flow from the financing activity for the period?

d) Determine the total change in cash flow for the period?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M919290

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