Trentman Associates reported net cash provided by operating activities of $206,000, cash paid for dividends of $22,500, cash received from stock issuance of $52,500, cash paid for equipment purchases of $125,000, cash received from bank loan advances of $12,500, and cash paid for intangible assets of $12,500. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Net increase (decrease) in cash. 4. Free cash flow. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate net cash provided by (used in) investing activities. (Amounts to be deducted should be indicated with a minus sign.) Investing Activities Cash paid for intangible assets Cash received from bank loan advances Amount $ 137,500 43,500 Net cash provided by (used in) investing activities 181,000
Trentman Associates reported net cash provided by operating activities of $206,000, cash paid for dividends of $22,500, cash received from stock issuance of $52,500, cash paid for equipment purchases of $125,000, cash received from bank loan advances of $12,500, and cash paid for intangible assets of $12,500. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Net increase (decrease) in cash. 4. Free cash flow. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate net cash provided by (used in) investing activities. (Amounts to be deducted should be indicated with a minus sign.) Investing Activities Cash paid for intangible assets Cash received from bank loan advances Amount $ 137,500 43,500 Net cash provided by (used in) investing activities 181,000
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 8MCQ: Which item is added to net income when computing cash flows from operating activities? a. Gain on...
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