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Use the information below to complete the partial cash flow budget for a new equipment purchase. Enter your answers in the boxes provided in the partial cash flow table. When entering answers: DO use comma separators, DO NOT use the dollar sign, DO use a negative sign to indicate negative values. Correct answer format examples: 100,000 or -1,000 Incorrect answer format examples: $100,000 or 100000 or (1,000) Information Purchase of new equipment 300,000 New equipment purchase is financed with: 20% down payment Trade-in credit of 50,000 for used equipment with a tax basis of 60,000 7-year loan for the remainder Other Transfer from savings to cash/checking 50,000 Depreciation expense in first year 30,000 Additional sales revenue expected in first year 25.000 Loan repayment in first year: Principal 23,000 Interest 11,000 PARTIAL CASH FLOW BUDGET Inflows Outflows Net Cash Flows Operating Investing Financing Total

Use the information below to complete the partial cash flow budget for a new equipment purchase. Enter your answers in the boxes provided in the partial cash flow table. When entering answers: DO use comma separators, DO NOT use the dollar sign, DO use a negative sign to indicate negative values. Correct answer format examples: 100,000 or -1,000 Incorrect answer format examples: $100,000 or 100000 or (1,000) Information Purchase of new equipment 300,000 New equipment purchase is financed with: 20% down payment Trade-in credit of 50,000 for used equipment with a tax basis of 60,000 7-year loan for the remainder Other Transfer from savings to cash/checking 50,000 Depreciation expense in first year 30,000 Additional sales revenue expected in first year 25.000 Loan repayment in first year: Principal 23,000 Interest 11,000 PARTIAL CASH FLOW BUDGET Inflows Outflows Net Cash Flows Operating Investing Financing Total

FINANCIAL ACCOUNTING
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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Partial Cash Flow Use the information below to complete the partial cash flow budget for a new equipment purchase. Enter your answers in the boxes provided in the partial cash flow table. When entering answers: DO use comma separators, DO NOT use the dollar sign, DO use a negative sign to indicate negative values. Corect answer format examples: 100,000 or-1,000 Incorrect answer format examples: $100,000 or 100000 or (1,000) Information Purchase of new equipment 300,000 New equipment purchase is financed with: 20% down payment Trade-in credit of 50,000 for used equipment with a tax basis of 60,000 7-year loan for the remainder Other Transfer from savings to cash/checking 50,000 Depreciation expense in first year 30,000 Additional sales revenue expected in first year 25.000 Loan repayment in first year: Principal 23,000 Interest 11,000 PARTIAL CASH FLOW BUDGET Inflows Outflows Net Cash Flows Operating Investing Financing Total
Transcribed Image Text:Partial Cash Flow Use the information below to complete the partial cash flow budget for a new equipment purchase. Enter your answers in the boxes provided in the partial cash flow table. When entering answers: DO use comma separators, DO NOT use the dollar sign, DO use a negative sign to indicate negative values. Corect answer format examples: 100,000 or-1,000 Incorrect answer format examples: $100,000 or 100000 or (1,000) Information Purchase of new equipment 300,000 New equipment purchase is financed with: 20% down payment Trade-in credit of 50,000 for used equipment with a tax basis of 60,000 7-year loan for the remainder Other Transfer from savings to cash/checking 50,000 Depreciation expense in first year 30,000 Additional sales revenue expected in first year 25.000 Loan repayment in first year: Principal 23,000 Interest 11,000 PARTIAL CASH FLOW BUDGET Inflows Outflows Net Cash Flows Operating Investing Financing Total
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