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2-32 Cash Flow Computations - Solution

# 2-32 Cash Flow Computations - Solution - 2-32 Cash Flow...

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2-32 Cash Flow Computations 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: Customers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . \$270,000 Investments by owners . . . . . . . . . . . . . . . . . . . . . . . 54,000 Sale of building . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,000 Proceeds from bank loan . . . . . . . . . . . . . . . . . . . . . 60,000 Cash payments for: Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . \$ 82,000 Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,000 Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,000 Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36,000 Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67,000 Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000

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2-32 Cash Flow Computations - Solution - 2-32 Cash Flow...

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