Case 1 - Oregon Trading (disregard factors for dividends)* 1. The net cash provided/(used) for operating activities amounted to __________. 2. The net cash provided/(used) for investing activities amounted to __________. 3. The net cash provided/(used) for financing activities amounted to __________. 4. The net cash increase/(decrease) for 2015 amonted to __________. 5. Correct "Cash" balance on December 31, 2015 is __________
Case 1 - Oregon Trading (disregard factors for dividends)* 1. The net cash provided/(used) for operating activities amounted to __________. 2. The net cash provided/(used) for investing activities amounted to __________. 3. The net cash provided/(used) for financing activities amounted to __________. 4. The net cash increase/(decrease) for 2015 amonted to __________. 5. Correct "Cash" balance on December 31, 2015 is __________
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Case 1 - Oregon Trading (disregard factors for dividends)*
1. The net cash provided/(used) for operating activities amounted to __________.
2. The net cash provided/(used) for investing activities amounted to __________.
3. The net cash provided/(used) for financing activities amounted to __________.
4. The net cash increase/(decrease) for 2015 amonted to __________.
5. Correct "Cash" balance on December 31, 2015 is __________.
Transcribed Image Text:Cash Payment to suppliers of goods and services
(70,000)
Cash receipts from rendering of services
140,000
Payment to owners
(14,000)
Proceeds from bank loans
70,000
Proceeds from cash Investment of owners
322,000
Payment for income taxes
(33,600)
Payment for interest
(35,000)
Proceeds for dividends of investment
42,000
Payment for acquisition of patents
336,000
Proceeds from sale equipment
42,000
Payments of bank loans
14,000
Payment for acquisition of equipments
280,000
Cash at the beginning of the year
2,800,000
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