Please find attached the Cash Flow Statement according to International Financial Reporting System.
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Statement of Cash Flows | |
Cash flow from operating activities | |
Cash from operations before working capital changes | 0 |
Cash from customers | 700000 |
Interest on notes receivable | 24000 |
Interest on notes payable | -30000 |
Cash generated from operations | |
Operating Expenses | -500000 |
Net cash from operating activities | 194000 |
Sale of land | 52000 |
Collection of notes receivable | 220000 |
Purchase of equipment | -100000 |
Net cash from investing activities | 172000 |
Issuance of common stock | 320000 |
Dividend to shareholders | -42000 |
Net cash from financing activities | 278000 |
Net increase in cash and cash equivalents | 644000 |
Cash and cash equivalents at the end of the year | 644000 |
The following are summary cash transactions that occurred during the year for Hilliard Healthcare Co. (HHC):...
The following are summary cash transactions that occurred during the year for Hilliard Healthcare Co. (HHC): Cash received from: Customers Interest on notes receivable Collection of notes receivable Sale of land Issuance of common stock Cash paid for: Interest on notes payable Purchase of equipment Operating expenses Dividends to shareholders $660,000 12,000 100,000 40,000 200,000 18,000 120,000 440,000 30,000 Prepare the cash flows from operating activities section of HHC's statement of cash flows using the direct method. (Amounts to be...
The following are summary cash transactions that occurred during the year for Hilliard Healthcare Co. (HHC): Cash received from: Customers Interest on notes receivable Collection of notes receivable Sale of land Issuance of common stock Cash paid for: Interest on notes payable Purchase of equipment Operating expenses Dividends to shareholders $ 700,000 16,000 140,000 44,000 240,000 22,000 140,000 460,000 34,000 Prepare the cash flows from operating activities section of HHC's statement of cash flows using the direct method. (Amounts to...
The following are summary cash transactions that occurred during the year for Hiliard Healthcare Co. (HHC): Cash received from: Customers Interest on notes receivable Collection of notes receivable Sale of land Issuance of common stock Cash paid for : Interest on notes payable Purchase of equipment Operating expenses Dividends to shareholders $820,000 28,000 260,000 56,000 360,00 t nces 34,000 200,000 520, eee 46, Bee Prepare the cash flows from investing and financing activities sections of HHC's statement of cash flows....
The following summary transactions occurred during 2021 for Bluebonnet Bakers; $420,000 8,000 47,000 27,000 140,000 Cash Received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash Paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders 200,000 9,000 81,000 86,000 33,000 28,000 The balance of cash and cash equivalents at the beginning of 2021 was $19,000. Required:...
Saved The following summary transactions occurred during 2021 for Bluebonnet Bakers points Cash Received from: USES Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash Paid for! Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $510,000 12,500 56.000 36.000 185,000 eBook Hint 245,000 8 ,500 95.000 100,000 42,000 37,000 Print Reference The balance of cash and cash equivalents...
The following summary transactions occurred during 2021 for Bluebonnet Bakers: Cash Received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash Paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $380,000 8,000 43,000 23,000 120,000 180,000 7,000 68,000 73,000 29,000 24,000 The balance of cash and cash equivalents at the beginning of 2021 was $15,000. Required:...
The following summary transactions occurred during 2021 for Bluebonnet Bakers: Cash Received from: Collections from customers $ 420,000 Interest on notes receivable 8,000 Collection of notes receivable 47,000 Sale of investments 27,000 Issuance of notes payable 140,000 Cash Paid for: Purchase of inventory 200,000 Interest on notes payable 9,000 Purchase of equipment 81,000 Salaries to employees 86,000 Payment of notes payable 33,000 Dividends to shareholders 28,000 The balance of cash and cash equivalents at the beginning of 2021 was $19,000....
The following summary transactions occurred during 2021 for Bluebonnet Bakers: Cash Received from: Collections from customers $ 480,000 Interest on notes receivable 11,000 Collection of notes receivable 53,000 Sale of investments 33,000 Issuance of notes payable 170,000 Cash Paid for: Purchase of inventory 230,000 Interest on notes payable 7,000 Purchase of equipment 87,000 Salaries to employees 92,000 Payment of notes payable 39,000 Dividends to shareholders 34,000 The balance of cash and cash equivalents at the beginning of 2021 was $25,000....
BRONCO METALS Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities: Collections from customers $ 373, eee Interest on note receivable 4,400 Dividends received from 2,800 investments Purchase of inventory (190,000) Payment of operating expenses (63, 000) Payment of interest'on note payable (8,400) Net cash flows from operating activities $118, see Cash flows from investing activities: Collection of note receivable 120, eae Purchase of equipment (194,000) Net cash flows from investing activities (74,...
The statement of cash flows for the year ended December 31, 2021, for Bronco Metals is presented below. BRONCO METALS Statement of Cash Flows For the Year Ended December 31, 2021 Cash flows from operating activities: Collections from customers $ 408,000 Interest on notes receivable 5,100 Dividends received from investments 3,500 Purchase of inventory (197,000) Payment of operating expenses (70,000) Payment of interest on notes payable (9,100) Net cash flows from operating activities Cash flows from investing activities: Collection of...