Solution-Determine the a net cash flow from operating

Determine the a net cash flow from operating activities b

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Oakland Company had the following cash flows and other activities for the quarter ended March 31, 2002.

Depreciation expense $24,000

Paid for land $75,000

Paid for merchandise $540,000

Paid for income taxes $42,000

Paid to employees $180,000

Paid to owners $45,000

Paid for rent $27,000

Received form customers $840,000

Received form issuing stock $600,000

Received from sale of equipment $30,000

Determine the (a) net cash flow from operating activities, (b) net cash flow from investing activities, and (c) net cash flow from financing activities.

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Determine the a net cash flow from operating activities b

Reference no: EM13566696

Reference no: EM13566696

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