Purchase equipment $ 3,700 Pay rent 550 Repay loan to the bank 5,800 Pay workers’ salaries...

Purchase equipment $ 3,700 Pay rent 550 Repay loan to the bank 5,800 Pay workers’ salaries 550

What is the total amount of cash paid for operating activities?

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Expert Solution

Cash flow statement (partial)
Operating Activities
Rent Expense	$550
Salaries Expense	$550
Total cash paid for operating Activities	$1100

Note: Purchase equipment amounting to $3700 is Investing Activities and Repay loan to bank amounting to $5800 is Financing Activities.

ekkarill92 answered 2 years ago

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