Compute cash flow from operating and financing activities

Assignment Help Financial Accounting
Reference no: EM132775158

MARIKINA Company had the following cash transactions:

Cash collected from customers                                              12,500
Cash received from a loan                                                     8,000
Cash paid for wages payable                                                (5,750)
Cash paid for the purchase of a building                                  (15,000)
Cash received for the issuance of new shares of stock                2,600
Cash received from sale of land                                                6,400
Cash paid for rent                                                                (2,500)
Cash paid for dividends                                                          (1,500)

Problem 1: Given the above information, compute cash flow from operating activities.

A. 4,250

B. 20,750

C. 15,750

D. 9,250

Problem 2:  Given the above information, compute cash flow from investing activities.

A. 4,250

B. (4,250)

C. (8,600)

D. 8,600

Problem 3: Given the above information, compute cash flow from financing activities.

A. 6,900

B. 3,900

C. 12,100

D. 9,100

Reference no: EM132775158

Questions Cloud

How point plc should account for costs of dismantling : How Point plc should account for costs of dismantling and removing the item that is expected at the end of the asset's useful life
What is the price of the bike before the two discounts : What is the price of the bike before the two discounts? The price for a bike after two successive discounts of 32% and 18% is $125.46.
What the net cash used by investing activities is : What the net cash provided (used) by investing activities during 2020 is? Dividends paid to preference shareholders, Proceeds from sale of equipment
What do they have in common : You will be expected to provide one annotation report for the chapter reading assignment (8 pages minimum. Please write Word or .pdf document.
Compute cash flow from operating and financing activities : Cash received for the issuance of new shares of stock, Cash paid for rent. Compute cash flow from operating and financing activities.
Integrate the main themes among the chapters : Summarize the main themes within each assigned chapter and integrate these themes within this annotation report - What do they have in common
What is amount of cash used by operating activities for year : Torturer Company reported net income of P340,000. What is the amount of cash used by operating activities for the year ended December 31, 2014?
What is the cash provided or used by investing activities : What is the cash provided or used by investing activities for the year ended December 31, 2020 as a result of the above information?
What functions you see at each level of government : Write a 700- to 1,050-word summary of your findings. Your summary should: What functions you see at each level of government?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd