Net cash flows from operating activities


The following information reflects cash flow and other activities of Framer Company for six months ended June 30

Paid for equipment $45,000

Paid for income taxes $ 3,000

Paid for insurance $ 1,000

Paid for interest $ 900

Paid for utilities $ 790

Paid for advertising $ 560

Paid to owners $5,000

Paid to suppliers $ 28,000

Paid to employees $ 17,000

Depreciation expense $ 13,500

Received from customers $ 99,000

Received from issuing long-term $40,000

Received from sale of land $18,000

A. What are the net cash flows from operating activities for the period?

B. What are the net cash flows from investing activities for the period?

C. What are the net cash flows from financing activities for the period?

D. What was the net change in cash for the period?

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Finance Basics: Net cash flows from operating activities
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