A private not-for-profit organization has the following cash inflow and outflows for the fiscal year. Receipts:...
A private not-for-profit organization has the following cash inflow and outflows for the fiscal year.
|
Receipts: |
|
|
Unrestricted contributions |
195,000 |
|
Contributions restricted by donor for in-home aid |
80,000 |
|
Contributions restricted by donor for endowment |
100,000 |
|
Contributions restricted by donor for computer purchases |
45,000 |
|
Interest income |
20,000 |
|
Proceeds of short-term bank loan |
10,000 |
|
Proceeds of 5–year bank loan |
30,000 |
|
Payments: |
|
|
Operating expenses |
280,000 |
|
Purchase of investments with endowment contributions |
100,000 |
|
Purchase of investments with unrestricted contributions |
75,000 |
|
Purchase of computers using restricted contributions |
40,000 |
|
Repayment of principal of bank loan |
35,000 |
What is the amount of net cash flow from operating activities? For example, enter net cash provided of $600,000 as 600000. Enter net cash used of $600,000 as -600000.
What is the amount of net cash flow from investing activities? For example, enter net cash provided of $600,000 as 600000. Enter net cash used of $600,000 as -600000.
What is the amount of net cash flow from financing activities? For example, enter net cash provided of $600,000 as 600000. Enter net cash used of $600,000 as -600000.
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A private not-for-profit organization has the
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questions displayed below.]
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promoting the arts within the community. There are two programs
conducted by the Art League: (1) exhibition and sales of members’
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Activities of the Art League are conducted by a part-time
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part-time volunteers. The volunteers greet visitors, monitor the
security of the exhibit hall, and handle the sales of art to the
public. Art on...
Required information [The following information applies to the
questions displayed below.]
The Art League is a not-for-profit organization dedicated to
promoting the arts within the community. There are two programs
conducted by the Art League: (1) exhibition and sales of members’
art (referred to as Exhibition) and (2) Community Art Education.
Activities of the Art League are conducted by a part-time
administrator, a part-time secretary-bookkeeper, and several
part-time volunteers. The volunteers greet visitors, monitor the
security of the exhibit hall,...
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