Solution-Show a statement of cash flow for the period ending

Show a statement of cash flow for the period ending

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Reference no: EM133163557

Question - The following information is given for Timber Co. Ltd for the period ending 20X3:

Net profit	30,000
Depreciation expense	4000
Gain on sale of non-current assets	6000
Decrease in inventory	1000
Acquisition of building	35 000
Payment of dividends	1200
Cash received on loan receivable	3500
Increase in loans payable (current liability)	2000
Increase in accounts payable	800
Loan made to another company	2500
Proceeds from sale of plant assets	40,000
Repayment of long-term loan	20,000
Lawson issued shares in exchange for an equipment	35,000

From this information and assuming dividends paid are treated as financing activity, show a Statement of cash flow for the period ending 20X3 showing:

1. Cash flow from operating activities?

2. Cash flow from investing activities?

3. Cash flow from financing?

4. Net change in the cash balance?

Reference no: EM133163557

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Show a statement of cash flow for the period ending

Reference no: EM133163557

Reference no: EM133163557

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