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Solve the net cash flow from financing activities

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Bar Co. had the following transactions during the current financial reporting period.

Decrease in inventories $13,000

Increase in accounts payable $34,000

Decrease in income taxes payable $36,700

Decrease in wages payable $18,000

Proceeds on Sale of Equipment $80,000

Repayment of bonds $50,000

Net Income $86,000

Depreciation $20,000

Decrease in accounts receivable $35,000

Issuance of Common shares $10,000

Proceeds on sale of land $75,000

Gain on sale of land $25,000

Payment of dividends $40,000

Required:

Question a. Calculate the net cash flow from Operating, Investing & Financing activities using the Indirect Method

Question b. Calculate the cash flow increase or decrease using the Indirect Method

Reference no: EM132586753

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