Cash flows from operating activities: | |
Cash receipts: | |
Cash provided from consulting to customers | 41,100 |
Cash payments: | |
Cash used for purchase of office supplies | -1,450 |
Cash used for payment of employee salaries | -23,100 |
Cash used for payment of office rent | -11,100 |
Cash used to pay office utilities | -3,400 |
Cash flows from operating activities | $2,050 |
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Exercise 4-16A Calculate operating cash flows (LO4-7) Below are cash transactions for Goldman Incorporated, which provides...
Exercise 4-16A Calculate operating cash flows (LO4-7) Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $1,750. b. Cash provided from consulting to customers. $44,100. c. Cash used for purchase of mining equipment, $70,000. d. Cash provided from long-term borrowing, $57,000. e. Cash used for payment of employee salaries, $23,700. f. Cash used for payment of office rent, $11,700. g. Cash provided from sale...
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $1,450. b. Cash provided from consulting to customers, $41,100. c. Cash used for purchase of mining equipment, $64,000. d. Cash provided from long-term borrowing, $51,000. e. Cash used for payment of employee salaries, $23,100. f. Cash used for payment of office rent, $11,100. g. Cash provided from sale of equipment purchased in c. above. $21,600....
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. Cash used for purchase of office supplies, $2,100. Cash provided from consulting to customers, $47,600. Cash used for purchase of mining equipment, $77,000. Cash provided from long-term borrowing, $64,000. Cash used for payment of employee salaries, $24,400. Cash used for payment of office rent, $12,400. Cash provided from sale of equipment purchased in c. above, $22,900. Cash used to repay a portion of...
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $1,550. b. Cash provided from consulting to customers, $42,100. c. Cash used for purchase of mining equipment, $66,000. d. Cash provided from long-term borrowing, $53,000. e. Cash used for payment of employee salaries, $23,300. Cash used for payment of office rent, $11,300. g. Cash provided from sale of equipment purchased in c. above, $21,800. h....
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $1,550. b. Cash provided from consulting to customers, $42,100. C. Cash used for purchase of mining equipment, $66,000. d. Cash provided from long-term borrowing, $53,000. e. Cash used for payment of employee salaries, $23,300. f. Cash used for payment of office rent, $11,300. g. Cash provided from sale of equipment purchased in c. above, $21,800....
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $2,350. b. Cash provided from consulting to customers, $50,100. C. Cash used for purchase of mining equipment, $82,000. d. Cash provided from long-term borrowing, $69,000. e. Cash used for payment of employee salaries, $24.900. f. Cash used for payment of office rent, $12,900. g. Cash provided from sale of equipment purchased in c. above. $23.400....
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $1,400. b. Cash provided from consulting to customers, $40,600. C. Cash used for purchase of mining equipment, $63,000. d. Cash provided from long-term borrowing, $50,000. e. Cash used for payment of employee salaries, $23,000. f. Cash used for payment of office rent, $11,000. g. Cash provided from sale of equipment purchased in c. above, $21,500....
Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction Cash used for payment of employee salaries $345,000 125,000 C Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used for purchase of office equipment Cash used to pay office utilities Cash used for payment of office rent 2,000 300,000 6,000 12,000 550,000 250,000 75,000 50,000 Cash provided...
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals Transaction Amount of Transaction Cash used for payment of employee salaries Cash provided from sale of equipment that had been used in operations Cash used for purchase of office supplies Cash used for purchase of office equipment Cash used to pay office utilities Cash used for payment of office rent $345.000 125,000 2,000 300,000 6,000 12,000...
Transaction Cash involved? (Yes or No) Type of CASH FLOW Operating, Investing, Financing, or None Use the first letter (O, I, F, N) 12. Paid dividends to stockholders 13. Paid interest on the loan 14. Provided services to customers on account 15. Paid for equipment purchased for the company Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction $345,000 Cash used...