The following information is available from Sand Corporation’s accounting records for the year ended December 31, 20X1: Cash received from customers $ 870,000 Rent received 10,000 Cash paid to suppliers and employees 510,000 Taxes paid 110,000 Cash dividends paid 30,000 Required: Compute cash flow provided by operations for 20X1.
The following information is available from Sand Corporation’s accounting records for the year ended December 31, 20X1: Cash received from customers $ 870,000 Rent received 10,000 Cash paid to suppliers and employees 510,000 Taxes paid 110,000 Cash dividends paid 30,000 Required: Compute cash flow provided by operations for 20X1.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
The following information is available from Sand Corporation’s accounting records for the year ended December 31, 20X1:
| Cash received from customers | $ | 870,000 |
| Rent received | 10,000 | |
| Cash paid to suppliers and employees | 510,000 | |
| Taxes paid | 110,000 | |
| Cash dividends paid | 30,000 | |
Required:
Compute cash flow provided by operations for 20X1.
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