Question
Help! My math is wrong somewhere. Please explain throughly and give a correct answer! I’ve been given wrong ones before :(
017 345,150 152,100 101,400 144,300 (206,700) (173,550) 61,300 312,000
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media%2F01a%2F01a6b681-803d-4169-9cd1-53
Sepo Int 16e 253,550 Cash at
0 0
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Answer #1
Cash flow from operating activities
net income 312,000
adjustments to reconcile net income to
net cash from operating activities
Depreciation expense 33,150
loss on sale of long term investment 19,500
decreaase in accounts receivable 9750
decrease in accounts current liabilities -33150
29,250
Net cash flow from operating activities 341,250
Cash flow from investing activities
Cash from sale of long term investment 23,400
cash used to purchase Equipment -113100
net cash used by investing activities -89700
cash flow from financing activities
Cash dividend -58500
net cash used by financing activities -58,500
net increase in cash 193,050
cash at the beginning of the year 152,100
cash at year end 345,150

working note:

investment sold
investment at beginning 144,300
investment at year end 101,400
book value of investment sold 42,900
less:loss on sale 19,500
amount received from sale 23,400
Free cash flow
net cash from operating activities-capital expenditure-cash dividend
341,250-113100-58500
169,650
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