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Posted by: Homeworkhelp
Price Quoted by Student: $3
Posted On: 2011-02-28 07:07:56
 
Question

Exercise 2-9
From the following selected data, compute:
Net cash flow provided (used) by operating activities.
Net cash flow provided (used) by investing activities.
Net cash flow provided (used) by financing activities.
Net increase (decrease) in cash during the year.
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


Solutions
Exercise 2-9 From the following selected data, co
Price $3
Attachment 1: E 2-9 From the following selected data, compute (2).doc
Solution Posted By: Homeworkhelp    Posted on: 28-02-2011