Reference no: EM132914131

Problem 1: Calculate the cash flow from operating, investing and financing activities, and the net change in cash for Bronze Corporation based on below data:

Net Income                                      $66,000
Depreciation Expense                          19,500
Repurchase of Common Shares              28,000
Gain on sale of Land                           10,600
Dividends paid                                      6,700
Decrease in Accounts Receivables           14,700
Purchase of Investment Property           124,000
Investment in land                              165,000
Sale of equipment                                 98,000
Increase in Accounts Payable                   8,200
Increase in inventory                                21,800
Sale of Land                                           123,000
Increase in Bonds Payable                          167,000