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
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
Related questions
Question
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ffae740-4d3a-48d5-a8e7-159f662a4aba%2Fe2b9fe2f-a85e-4abe-89a3-6a25894c019b%2Fxfp3ck_processed.jpeg&w=3840&q=75)
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
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Excel Applications for Accounting Principles](https://www.bartleby.com/isbn_cover_images/9781111581565/9781111581565_smallCoverImage.gif)
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning
![Cornerstones of Financial Accounting](https://www.bartleby.com/isbn_cover_images/9781337690881/9781337690881_smallCoverImage.gif)
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
![Excel Applications for Accounting Principles](https://www.bartleby.com/isbn_cover_images/9781111581565/9781111581565_smallCoverImage.gif)
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning
![Cornerstones of Financial Accounting](https://www.bartleby.com/isbn_cover_images/9781337690881/9781337690881_smallCoverImage.gif)
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning