could you please solve these The following events occurred at Carter Plumbing, I
ID: 2415537 • Letter: C
Question
could you please solve these
The following events occurred at Carter Plumbing, Inc., during 2011: Compute Carter Plumbing, Inc.'s net cash flow from (1) investing activities and from (2) financing activities for 2011. Compute Carter Plumbing, Inc.'s net cash flow from (1) investing activities and from (2) financing activities for 2011. (Use parentheses or minus signs to enter cash outflows or decreases in cash. Leave unused cells blank.) Begin by computing the net cash flow from investing activities for 2011. Cash from investing activities Now compute Carter Plumbing, Inc.'s net cash flow from financing activities for 2011. Cash from financing activitiesExplanation / Answer
1. Cash from investing activities for 2011
2. Cash from financing activity for 2011
Note: signing a note with last local bank does not affect the cash flow statement
Date Particulars Amount(in $) May 12 sale of old service truck 5000 May 30 purchase a new service truck -45000 October 30 purchase of new computer server -34000 Cashflow from investing activities -74000Related Questions
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