Use the following to answer questions 16-20 Determine the company's cash flows based on the following: A B C D Transaction Cash used to pay office utilities Cash used for payment of office rent Cash provided from long-term borrowing Cash used for purchase of office supplies Amount of Transaction $1,500 3,500 100,000 300
Use the following to answer questions 16-20 Determine the company's cash flows based on the following: A B C D Transaction Cash used to pay office utilities Cash used for payment of office rent Cash provided from long-term borrowing Cash used for purchase of office supplies Amount of Transaction $1,500 3,500 100,000 300
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Use the following to answer questions 16-20
Determine the company's cash flows based on the following:
A
B
с
D
E
F
G
H
I
J
16. $
17. $
18. $
19. $
20. $
Transaction
Cash used to pay office utilities
Cash used for payment of office rent
Cash provided from long-term borrowing
Cash used for purchase of office supplies
Cash used for purchase of office equipment
Cash used for payment of employee salaries
Cash provided from sale of equipment that had been used in operations
Cash used to pay the bank for a loan due this month
Cash provided from consulting customers
Purchase of company vehicle paying 10% cash and borrowing the rest.
Amount of
Transaction
$1,500
3,500
100,000
300
75,000
35,000
20,000
10,000
100,000
50,000
_Refer to transaction J, how much should be included in cash used from investing activities?
_Determine the net cash flows from operating activities (include "_" if needed)
_Determine the net cash flows from investing activities (include "-" if needed)
_Determine the net cash flows from financing activities (include "-" if needed)
How much did cash change over the year?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F07fd8069-db2a-478a-8ac6-1f1988b798ba%2Ff2f96f43-2afb-4d91-a4ad-5781da36c441%2Frsxdivf_processed.png&w=3840&q=75)
Transcribed Image Text:Use the following to answer questions 16-20
Determine the company's cash flows based on the following:
A
B
с
D
E
F
G
H
I
J
16. $
17. $
18. $
19. $
20. $
Transaction
Cash used to pay office utilities
Cash used for payment of office rent
Cash provided from long-term borrowing
Cash used for purchase of office supplies
Cash used for purchase of office equipment
Cash used for payment of employee salaries
Cash provided from sale of equipment that had been used in operations
Cash used to pay the bank for a loan due this month
Cash provided from consulting customers
Purchase of company vehicle paying 10% cash and borrowing the rest.
Amount of
Transaction
$1,500
3,500
100,000
300
75,000
35,000
20,000
10,000
100,000
50,000
_Refer to transaction J, how much should be included in cash used from investing activities?
_Determine the net cash flows from operating activities (include "_" if needed)
_Determine the net cash flows from investing activities (include "-" if needed)
_Determine the net cash flows from financing activities (include "-" if needed)
How much did cash change over the year?
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