Reference no: EM132663986
Question - Based on the figures below, answer the Cash Flow Statement question.
Purchased Property, Plant, & Equipment 75,000
Accounts Receivable 15,000
Payment for Total Expenses 275,000
Accounts Payable 10,000
Net Sales to Customers 770,000
Owner Investment 50,000
Depreciation Expense Taken 15,000
Owner Withdrawals 20,000
Proceeds from the Sale of PPE 5,000
Repayment of L-T Debt 10,000
Beginning Cash Balance 25,500
Payments for Income Taxes 108,500
Payments for Inventory 72,000
Required -
1. Compute the Ending Cash Balance?
2. Compute the Net Cash Flow from Investing Activities?
3. Compute the Net Cash Flow from Operating Activities?
4. Compute the Net Change in Cash Balance for the Current Year?