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The following table shows cash flow data for Rocket Transport.

Cash dividend $ 89,000
Purchase of bus $ 51,000
Interest paid on debt $ 34,000
Sales of old equipment $ 81,000
Repurchase of stock $ 73,000
Cash payments to suppliers $ 104,000
Cash collections from customers $ 390,000

a. Find the net cash provided by or used in investing activities.

b. Find the net cash provided by or used in financing activities. (Negative amount should be indicated by a minus sign.)

c. Find the net increase or decrease in cash for the year.

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The following table shows cash flow data for Rocket Transport.

Cash dividend $ 89,000
Purchase of bus $ 51,000
Interest paid on debt $ 34,000
Sales of old equipment $ 81,000
Repurchase of stock $ 73,000
Cash payments to suppliers $ 104,000
Cash collections from customers $ 390,000

a. Find the net cash provided by or used in investing activities.

b. Find the net cash provided by or used in financing activities. (Negative amount should be indicated by a minus sign.)

c. Find the net increase or decrease in cash for the year.

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The following table shows cash flow data for Rocket Transport.

Cash dividend $ 89,000
Purchase of bus $ 51,000
Interest paid on debt $ 34,000
Sales of old equipment $ 81,000
Repurchase of stock $ 73,000
Cash payments to suppliers $ 104,000
Cash collections from customers $ 390,000

a. Find the net cash provided by or used in investing activities.

b. Find the net cash provided by or used in financing activities. (Negative amount should be indicated by a minus sign.)

c. Find the net increase or decrease in cash for the year.

The following table shows cash flow data for Rocket Transport.

Cash dividend $ 89,000
Purchase of bus $ 51,000
Interest paid on debt $ 34,000
Sales of old equipment $ 81,000
Repurchase of stock $ 73,000
Cash payments to suppliers $ 104,000
Cash collections from customers $ 390,000

a. Find the net cash provided by or used in investing activities.

b. Find the net cash provided by or used in financing activities. (Negative amount should be indicated by a minus sign.)


c. Find the net increase or decrease in cash for the year.

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Answer #1


Solution: Part a: Purchase of bus |Sales of old equipme nt net cash provided by or used in investing activities. -51,000 81,0

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