M12-13 (Algo Elemental Fuels started the year with $113,200 cash and reported net cash provided by operating activities of $227,500, cash paid for dividends of $46,600, cash received from stock issuance of $41,000, cash paid for equipment purchases of $155,500, cash paid for intangible assets of $116,500, and cash paid on bank loan of $40,500. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. Complete this question by entering your answers in the tabs below.
M12-13 (Algo Elemental Fuels started the year with $113,200 cash and reported net cash provided by operating activities of $227,500, cash paid for dividends of $46,600, cash received from stock issuance of $41,000, cash paid for equipment purchases of $155,500, cash paid for intangible assets of $116,500, and cash paid on bank loan of $40,500. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. Complete this question by entering your answers in the tabs below.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![M12-13 (Algo) Calculating Cash Flows [LO 12-5]
Elemental Fuels started the year with $113,200 cash and reported net cash provided by operating activities of $227,500, cash paid for
dividends of $46,600, cash received from stock issuance of $41,000, cash paid for equipment purchases of $155,500, cash paid for
intangible assets of $116,500, and cash paid on bank loan of $40,500.
Required:
Calculate the following:
1. Net cash provided by (used in) investing activities.
2. Net cash provided by (used in) financing activities.
3. Ending cash.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2 Required 3
Calculate net cash provided by (used in) investing activities. (Amounts to be deducted should be indicated with a minus sign.)
Investing Activities
Net cash provided by (used in) investing activities
<Required 10
Amount
Required 2 >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbe5dee22-cf52-49a9-a045-9b6fb9afe878%2F44c15bcd-b6cc-491c-bbb0-1654b83a4290%2F0gbi6s_processed.jpeg&w=3840&q=75)
Transcribed Image Text:M12-13 (Algo) Calculating Cash Flows [LO 12-5]
Elemental Fuels started the year with $113,200 cash and reported net cash provided by operating activities of $227,500, cash paid for
dividends of $46,600, cash received from stock issuance of $41,000, cash paid for equipment purchases of $155,500, cash paid for
intangible assets of $116,500, and cash paid on bank loan of $40,500.
Required:
Calculate the following:
1. Net cash provided by (used in) investing activities.
2. Net cash provided by (used in) financing activities.
3. Ending cash.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2 Required 3
Calculate net cash provided by (used in) investing activities. (Amounts to be deducted should be indicated with a minus sign.)
Investing Activities
Net cash provided by (used in) investing activities
<Required 10
Amount
Required 2 >
Transcribed Image Text:M12-13 (Algo) Celculesing Cash Flows (LO 12-5)
Elementa Fuels stated the year with $3,200 cash and reported net cashprovided by operating ac
des of $6,000 cash received from stock issance of $41000 cash pad for equipment purchases of $55.500
ablets of $6,500 and cash pad on bank loan of $40,500
Required
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1. Net cash provided by usedrevesting
2. Net cash prodee by teding faro
3 Ending cash
Complete this question by entering your answers in the te
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M12-13 (Alga) Calculating Cash Flows (LO 12-5)
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