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29 July, 03:11

The following cash flow data for Rocket Transport:

Cash dividend $ 98,000

Purchase of bus $ 69,000

Interest paid on debt $ 43,000

Sales of old equipment $ 90,000

Repurchase of stock $ 91,000

Cash payments to suppliers $ 113,000

Cash collections from customers $ 480,000

a. Find the net cash provided by or used in investing activities.

Cash from investments $

b.

Find the net cash provided by or used in financing activities. (Negative amount should be indicated by a minus sign.)

Cash from financing $

c. Find the net increase or decrease in cash for the year.

Total cash flow

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  1. 29 July, 04:16
    0
    Statement of cash flows amount in $

    A Cash flows from operating activies

    Cash collection from customers 480000

    less : cash payments to supliers 113000

    less : cash payments for interest 43000

    Net cash flow from operating activities 324000

    B Cash flows from investing activities

    Additions

    Sales of old equipment 90000

    less:purchase of bus 69000

    net cash flow from investing activities 21000

    C Cash flows from financing activities

    less:repurchase of outstanding stock 91000

    Less:Dividend payments 98000

    Net cash flow from financing activities - 189000

    total cash flow 156000
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