Calculate the amount of cash flow from operating activities from the following information. Cash received from customers is $850,000, cash paid for wages and expenses is $520,000, depreciation of buildings is $45,000, cash paid for purchase of machinery is $75,000, and loss on sale of vehicle is $12,000. a. $285,000 b. $330,000 c. $375,000 d. $288,000

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
ChapterMB: Model-building Problems
Section: Chapter Questions
Problem 14M
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Calculate the amount cash flow?

Calculate the amount of cash flow from operating activities
from the following information. Cash received from
customers is $850,000, cash paid for wages and expenses
is $520,000, depreciation of buildings is $45,000, cash
paid for purchase of machinery is $75,000, and loss on sale
of vehicle is $12,000.
a. $285,000
b. $330,000
c. $375,000
d. $288,000
Transcribed Image Text:Calculate the amount of cash flow from operating activities from the following information. Cash received from customers is $850,000, cash paid for wages and expenses is $520,000, depreciation of buildings is $45,000, cash paid for purchase of machinery is $75,000, and loss on sale of vehicle is $12,000. a. $285,000 b. $330,000 c. $375,000 d. $288,000
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