Calculate the Operating Cash Flow for Geneva Corp. using the data below: Change in net fixed assets: $30,000 Change in net working capital: $18,000 Dividends Paid: $22,000 Depreciation Expense: $40,000 Interest Paid: $15,000 Net New Borrowing: $10,000 Net New Equity Issued: $5,000

Calculate the Operating Cash Flow for Geneva Corp. using the data below: Change in net fixed assets: $30,000 Change in net working capital: $18,000 Dividends Paid: $22,000 Depreciation Expense: $40,000 Interest Paid: $15,000 Net New Borrowing: $10,000 Net New Equity Issued: $5,000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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Question

I am trying to find the accurate solution to this financial accounting problem with appropriate explanations.

Calculate the Operating Cash Flow for Geneva Corp. using the data below:
Change in net fixed assets: $30,000
Change in net working capital: $18,000
Dividends Paid: $22,000
Depreciation Expense: $40,000
Interest Paid: $15,000
Net New Borrowing: $10,000
Net New Equity Issued: $5,000

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