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Unformatted text preview: Net cash flow from operating activities $49,520 Err:511 Err:511 Cash flows from investing activities: Cash received from sale of investments Err:511 $140,000 Err:511 Cash paid for purchase of land Er $164,000 Err:511 Cash paid for purchase of equipment Er 76,000 Err 240,000 Err:511 Net cash flow used for investing activities (100,000) Err:511 Err:511 Cash flows from financing activities: Cash received from sale of common stock Err:511 $116,000 Err:511 Cash paid for dividends Err:511 45,600 Err:511 Net cash flow provided by financing activities 70,400 Err:511 Increase in cash $19,920 Err:511 Cash at the beginning of the year 292,960 Err:511 Cash at the end of the year $312,880 Err:511...
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This note was uploaded on 03/27/2012 for the course ACCT AC116 taught by Professor Hobbs,j during the Spring '10 term at Kaplan University.
- Spring '10
- Payroll Accounting