A. Calculate net cash provided by operating activities B. Calculate investing activities C. Calculate financing activities...

A. Calculate net cash provided by operating activities

B. Calculate investing activities

C. Calculate financing activities

i. equipment bought for 97000, paid in cash

ii. securities sold at cost

iii. equipment sold for 15500, the original price when bought was 47000. The profit was 8750.

iv. dividends of the year was 83400

Balance sheet
	2015	2014
Assets
Cash	82700	47250
Accounts receivable	90800	57000
Inventory	126900	102650
Investments	84500	87000
Equipment	255000	205000
Accumulated depreciation	(49500)	(40000)
Total	590400	458900

Liabilities & equity
Accounts payable	57700	48280
Other payable (unpaid cost)	12100	18830
Notes payable	100000	70000
Share capital	250000	200000
Retained earnings	170600	121790
Total	590400	458900

Income statement
Sale	297500
Cost of goods sold	99460
Gross profit	198040
Operation expense	14670
Depreciation	49700
Interest expense	2940
Profit of sale of equipment	8750
Profit before taxes	139480
Income tax	7270
Net income	132210

Expert Solution

ekkarill92 answered 1 year ago

Net cash provided by Operating activities

Please calculate the Net cash provided by Operating activities:

Explain the value of separating cash flows into operating activities, investing activities, and financing activities to...

Explain the value of separating cash flows into operating activities, investing activities, and financing activities to financial statement users in analyzing cash flows and the company's financial performance and condition.

Part 1. Operating Activities Part 2. Investing Activities Part 3. Financing Activities Part 4. Net Cash...

Part 1. Operating Activities Part 2. Investing Activities Part 3. Financing Activities Part 4. Net Cash Flows and Check. Part 1: Prepare the Operating Activities Section of the Statement of Cash Flows for Duke Company using the INDIRECT METHOD. You will use the following information for each part: Condensed financial data of Duke Company appear below: Duke COMPANY Comparative Balance Sheet December 31 2017 2016 Assets Cash $ 41,000 $ 35,000 Accounts receivable 75,000 53,000 Inventories ...

Explain whether the expected net cash flows from the three activities (operating, investing, financing) would be...

Explain whether the expected net cash flows from the three activities (operating, investing, financing) would be in flows or outflows.

Of which are these are operating, investing, financing, and non-cash activities? Purchase of furniture for cash,...

Of which are these are operating, investing, financing, and non-cash activities? Purchase of furniture for cash, deprecation expense, new long-term loan for operations, proceeds from sale of land, change in accounts payable, gain on sale of building, issuance of long-term notes payable, and conversion of bonds payable to common stock.

The three sections of the cash flow statement include operating activities, financing activities, and investing activities....

The three sections of the cash flow statement include operating activities, financing activities, and investing activities. The investing activities show funds that are flowing into the business which are generated by the primary business activity of the company. This is why investing activities are considered to be a report of the “lifeblood of the company”. Select one: True False

The statement of cash flows begins with the Financing activities section. Operating activities section. Investing activities...

The statement of cash flows begins with the Financing activities section. Operating activities section. Investing activities section. Last year's ending cash balance. In which section of the statement of cash flows each item would be reported? Paid cash for office supplies (Click to select)Operating ActivitiesInvesting ActivitiesFinancing Activities Paid cash for a computer (Click to select)Operating ActivitiesInvesting ActivitiesFinancing Activities Distributed cash dividend (Click to select)Operating ActivitiesInvesting ActivitiesFinancing Activities Received cash for services (Click to select)Operating ActivitiesInvesting ActivitiesFinancing Activities Purchased treasury stock...

1 Using the following information for 2018, calculate the net cash provided by Operating Activities....

1 Using the following information for 2018, calculate the net cash provided by Operating Activities. Net income $ 110,000 Depreciation expense $ 60,000 Decrease in Accts Receivable $ 45,000 Increase in Inventory $ 35,000 Decrease in Accts Payable $ 20,000 2 Using the following information for 2018, calculate the net cash provided by Investing Activities. Purchase of land $ 1,100,000 Purchase of equipment $ 300,000 Proceeds from sale of building $ 2,500,000 Purchase of computers $ 25,000 Purchase...

Classify cash inflows and outflows as relating to operating, investing, or financing activities.

Briefly discuss Sims Metal Management Limited’s net cash flows from operating, investing, and financing activities and...

Briefly discuss Sims Metal Management Limited’s net cash flows from operating, investing, and financing activities and the trends evident over the last three years: 2019, 2018, 2017. Refer to their annual report.

Question