How they get " net decrease in cash 265000" ?
what numbers exactly they caluclted ?
Homework Answers
It's actually net INCREASE in cash for the year of Rs. 265,000.
The solution mentioned is correct, the only error being 265,000 has been mentioned as 'decrease' instead of being 'increase'
Opening cash balance + Net increase in cash balance = Closing cash balance
i.e. 125000 + 265000 = $390000
Loss on sale of vehicle and depreciation expenses, being non-cash items, have not been considered.
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How they get " net decrease in cash 265000" ?
what numbers exactly they caluclted ?...
How they calculated the net decrease in cash (265 000) ? L e damo sebe. Prepare...
How they calculated the net decrease in cash (265 000)
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How they calculated the net decrease in cash (265 000)
?
L e damo sebe. Prepare a Cash Flow Statement as at the 30th June 2020. Franciering AMD Tracing Company Ltd Statement of Cash Flows for the year ended 30th June 2020 Cash flows from operating activities Receipts from customers Payments to suppliers Payments to employees Interest paid Income tax paid Net cash provided by operating activities 445,000 (156,000) (187,000) (47,000) (35,000) 20,000 Cash flows from investing activities Acquisition of...
how to get net increas/decrease in cash ? what numbers
should summed ?
Tracing Company Ltd Statement of Cash Flows for the year ended 30th June 2020 Cash flows from operating activities Receipts from customers Payments to suppliers Payments to employees Interest paid Income tax paid Net cash provided by operating activities 445,000 (156,000) (187.000) (47.000) (35,000) 20,000 Cash flows from investing activities Acquisition of non-current assets Proceeds from sale of non-current assets Proceeds from sale of equipment Net cash...
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how and what is the formula to find net increase?
a. Purchase of fixed assets for cash, $53,300 Proceeds from issuance of common stock, $33,000 Payment of dividends, $46,400 Collection of interest, $6,500 o o o o h. i. j. k. Proceeds from sale of fixed assets, $22,400 Collections from customers, $635,000 Cash receipt of dividend revenue, $4,600 Payments to suppliers, $368,500 Depreciation expense, $59,000 Proceeds from issuance of long-term notes, $22,300 - n. Income tax expense and payments, $36,000...
Use the following information to answer the question: MM Stand Corporation's statement of cash flows for 2017 shows the following investing activities: Proceeds from the sale of marketable securities Purchase of land Proceeds from the sale of land Net cash provided by investing activities $160,000 (250,000) 125,000 $35,000 MM Stand Corporation's income statement for 2017 includes the following: Loss on the sale of marketable securities Gain on the disposal of land $47,000 65,000 The cost of the land sold during...
Was there a net increase or decrease
in cash and cash equivalents for 2018? ____________
What was the amount?
____________ (remember the statement is in millions)
Apple Inc. TED STATEMENTS OF CASH FLOWS (In millions) Years endod September 29, 2018 September 30, 2017 September 24, 2016 Cash and cash equivalents, beginning of the year 21.120 Adjustments to reconcile net income to cash generated by operating activities: Deterred income tax expense/(benefit) (32,590) Changes in operating assets and liabilities Other current and...
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