The following information is available for Crane Company: Receipts from customers Dividends from stock investments Proceeds from sale of equipment Proceeds from issuance of stock Payments for inventory Payments for operating expenses Interest paid Taxes paid Dividends paid $218,900 5,600 19,300 Net cash provided by operating activities 91,300 101,300 79,300 7,300 5,300 21,300 Based on the preceding information, compute the net cash provided by operating activities. $

The following information is available for Crane Company: Receipts from customers Dividends from stock investments Proceeds from sale of equipment Proceeds from issuance of stock Payments for inventory Payments for operating expenses Interest paid Taxes paid Dividends paid $218,900 5,600 19,300 Net cash provided by operating activities 91,300 101,300 79,300 7,300 5,300 21,300 Based on the preceding information, compute the net cash provided by operating activities. $

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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The following items appeared on the financial statements of Washington Company. Line Item Description Amount Accounts receivable, January 1 $13,084 Accounts receivable, December 31 6,949 Accounts payable, January 1 5,909 Accounts payable, December 31 9,591 Inventory, January 1 8,120 Inventory, December 31 16,988 Sales 64,741 Cost of goods sold 32,521 Washington Company uses the direct method to report cash flows from (used for) operating activities. Assume that all accounts payable are owed to merchandise suppliers Cash received from customers during the year is
Cash received from long-term notes payable Purchase of investments Cash dividends paid Interest paid Financing Activities $ 56,000 14, 200 Compute cash flows from financing activities using the above company information. Note: Amounts to be deducted should be indicated by a minus sign. $ 45,600 22,800 0
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Oo.25. Subject :- Account
Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Line Item Description Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $13,400 $12,800 Inventory 57,300 58,000 Accounts payable 13,600 11,800 Dividends payable 29,000 27,000 Adjust net income of $123,400 for changes in operating assets and liabilities to arrive at net cash flows from operating activities.fill in the blank 1 of 1$
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prepare statement of cash flow for indirect only
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