Based off the solution provided below. I am not sure how to process this problem

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In the first questions, cash receipts from. There are only two options for drop down answers/boxes for the amounts. Cash payments for has four options for dop down answers/boxes for the amounts

After total cash outflows there is a drop down with answers to choose from net cash flow from operating, investing or financing activites. I am guessing the first one is operating?

For the cash flow section, there is six options for dop down answers/boxes for the amounts. The 7th box is answers it has  only has options for net cash flow from operating, investing or financing activites. I am guessing thats net cash flow from investing

For the cash flows from financing activites, it has 8 drop down answers/boxes to put the numbers in, followed by net cash flow from operating, investing or financing activites. Net deccrease or increase and less or plus beginning cash balance.

Based off the solution provided below. I am not sure how to process this problem

The only options for all the drop down answers are:

Taxes

Sales

salary

repayment of loan

repayment of bonds

proceeds from sale of treasury stock

proceeds from sale of marketable security

proceeds from sale of land

proceeds from sale of equipment

proceeds from preferred stock issue

proceeds from loan

proceeds from common stock issues

proceed from bond issue

payment of dividends

paid to purchase treasury stock

paid to purchase marketable securities

paid to purchase equipment

operating expense

inventory purchased

interest

disbursed for notes receivable

Cash flows from operating
Cash Receipts from:
BLYTHE INDUSTRIES, INCORPORATED
Statement of Cash Flows
For the Year Ended December 31, Year 2
activities:
Disbursed for notes receivable
Interest
Inventory purchased
Operating expenses
Total cash outflows
12
$
0
0
Transcribed Image Text:Cash flows from operating Cash Receipts from: BLYTHE INDUSTRIES, INCORPORATED Statement of Cash Flows For the Year Ended December 31, Year 2 activities: Disbursed for notes receivable Interest Inventory purchased Operating expenses Total cash outflows 12 $ 0 0
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