Using the Statement Information

Using the Statement Information - $10,000 $(50,000) $60,000...

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Using the Statement Information The types of cash flows a company has, where cash comes from, and what it is used for provides  insight into the financial stability of a company. The owners of three companies found the following  information on their statement of cash flows: Mary Ellen Louis Lucille Cash provided by (used by) operating activities
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Unformatted text preview: $10,000 $(50,000) $60,000 Cash provided by (used by) investing activities Purchase of equipment (100,000) (28,000) Proceeds from sale of equipment 30,000 Cash provided by (used by) financing activities Proceeds from issuing debt 132,000 Repayments of debt (8,000) Proceeds from issuing stock 50,000 Net increase in cash $32,000 $32,000 $32,000...
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