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Determine the cash flow for Operating activities

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Question - Ballard Company had the following transactions during the current financial reporting period.

Net Profit $76,000

Depreciation $26,000

Increase in accounts receivable $15,500

Increase in inventories $23,000

Decrease in accounts payable $14,000

Decrease in income taxes payable $23,500

Decrease in wages payable $21,000

Proceeds on Sale of Equipment $78,000

Repayment of bonds $54,000

Issuance of Common shares $32,000

Proceeds on sale of land $56,000

Loss on sale of land $5,700

Payment of dividends $10,700

Required - Determine the cash flow for Operating, Financing and Investing activities for the company and calculate the net change in cash.

Reference no: EM132780642

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