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The following table shows cash flow data for Rocket Transport 10 points Cash dividend Purchase of bu Interest paid on debt Sales of old equipment Repurchase of stock Cash payments to suppliers Cash collections from customers $ 80,000 $ 33,000 $ 25
The following table shows cash flow data for Rocket Transport 10 points Cash dividend Purchase of bu Interest paid on debt Sales of old equipment Repurchase of stock Cash payments to suppliers Cash collections from customers $ 80,000 $ 33,000 $ 25.000 $ 72,000 $ 55,000 $ 95,000 $ 300,000 eBook Print References a. Find the net cash provided by or used in Investing activities. Cash from investments $ 39,000 b. Find the net cash provided by or used in financing activitles. (Negative amount should be indicated by a min Cash from financing (135,000)
ULUULULUILLUND BAUTUNA I LUNARE DOWSunCHURL https253A525252 wochodu Homework Chapter 14 Saved 2 Cash from investments 39.000 10 Points eBook b. Find the net cash provided by or used in financing activities. (Negative amount should be indicated by a minus sign.) Print Cash from financing $ (135,000) References c. Find the net increase or decrease in cash for the year. Total cash flow
Expert Solution
a. Statement showing cash flow from investing activity
| Particulars | Amount |
| Purchase of bus | -33000 |
| Sales of old equipment | 72000 |
| Cash flow from investing activity | 39000 |
Cash flow from investing activity = 39000 $
b. Statement showing cash flow from financing activity
| Particulars | Amount |
| Cash dividend | -80000 |
| Interest paid on debt | -25000 |
| Repurchase of stock | -55000 |
| Cash flow from financial activity | -160000 |
Cash flow from financing activity = -160000 $
c. Statement showing net cash inflow
| Particulars | Amount |
| Cash collection from customer | 300000 |
| Cash payments to suppliers | -95000 |
| Cash flow from investing activity | 39000 |
| Cash flow from financial activity | -160000 |
| Net increase in cash | 84000 |
Net increase in cash = 84000 $
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