Cash Flow Computation
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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
Repayment of principal on loan . . . ................ . 40,000
Purchase of land . . . . . . . . . . ........ . . . . . 106,000
Cash balance at beginning of year . . .............. . $386,000
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Solution Summary
118 words and an Excel file give the method to fine net cash flow provided by operating, investing and financing activities as well as the net cash increase and cash balance at the end of a year.
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Cash Flows from Operating Activity
Cash Receipt from customers 270000
Cash paid for Wages -82000
Cash paid for Utilities -3000
Cash paid for Advertising -4000
Cash paid for Utilities -36000
Cash ...
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