Fraulein Company had the following cash flows during the current year: 4,000,000 Cash receipts from issuance of ordinary shares Cash receipts from customers 2,000,000 300,000 Cash receipts from dividends on long-term investments Cash receipts from repayment of loan made to 2,200,000 another entity 1,200,000 Cash payments for wages and other operating expenses 100,000 Cash payments for insurance 200,000 400,000 Cash payment for dividends Cash payments for taxes Cash payment to purchase land 800,000 3,500,000 Cash balance-beginning 1. What is the net cash provided by operating activities? a. 600,000 b. 400,000 c. 300,000 d. 200,000 2. What is the net cash provided by investing activities? Ei haak da a. 2,200,000 b. 1,400,000 c. 3,000,000 d. 800,000 000,008. 3. What is the net cash provided by financing activities? a. 4,000,000 buszosy an 9 b. 6,000,000 c. 3,800,000 d. 6,200,000 00.00 4. What is the cash balance at year-end? a. 3,500,000 b. 9,300,000 c. 5,500,000 d. 5,800,000

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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10-3. Answer the following questions (number 1, 2, 3 and 4)

Fraulein Company had the following cash flows during the
current year:
4,000,000
Cash receipts from issuance of ordinary shares
Cash receipts from customers
2,000,000
300,000
Cash receipts from dividends on long-term investments
Cash receipts from repayment of loan made to
2,200,000
another entity
1,200,000
Cash payments for wages and other operating expenses
100,000
Cash payments for insurance
200,000
400,000
Cash payment for dividends
Cash payments for taxes
Cash payment to purchase land
800,000
3,500,000
Cash balance-beginning
1. What is the net cash provided by operating activities?
a. 600,000
b. 400,000
c. 300,000
000,005,8
d. 200,000
2. What is the net cash provided by investing activities?
a. 2,200,000
b. 1,400,000
c. 3,000,000
000.000,0
d. 800,000
000,008,
3. What is the net cash provided by financing activities?
a. 4,000,000 busy an
b. 6,000,000
c. 3,800,000
d. 6,200,000
4. What is the cash balance at year-end?
a. 3,500,000
b. 9,300,000
c.
5,500,000
d. 5,800,000
Transcribed Image Text:Fraulein Company had the following cash flows during the current year: 4,000,000 Cash receipts from issuance of ordinary shares Cash receipts from customers 2,000,000 300,000 Cash receipts from dividends on long-term investments Cash receipts from repayment of loan made to 2,200,000 another entity 1,200,000 Cash payments for wages and other operating expenses 100,000 Cash payments for insurance 200,000 400,000 Cash payment for dividends Cash payments for taxes Cash payment to purchase land 800,000 3,500,000 Cash balance-beginning 1. What is the net cash provided by operating activities? a. 600,000 b. 400,000 c. 300,000 000,005,8 d. 200,000 2. What is the net cash provided by investing activities? a. 2,200,000 b. 1,400,000 c. 3,000,000 000.000,0 d. 800,000 000,008, 3. What is the net cash provided by financing activities? a. 4,000,000 busy an b. 6,000,000 c. 3,800,000 d. 6,200,000 4. What is the cash balance at year-end? a. 3,500,000 b. 9,300,000 c. 5,500,000 d. 5,800,000
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