| | + Mezto. mheducation.com / hm.tpx-Homework 3 Reader Please Help With These T

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| | + Mezto. mheducation.com / hm.tpx-Homework 3 Reader Please Help With These Two Problems. Thank You! | Chegg.com Homework 3 Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. Bookmarks Reading List a. Cash used for purchase of office supplies, $1,800 b. Cash provided from consulting to customers, $44,600 c. Cash used for purchase of mining equipment, $71,000 d. Cash provided from long-term borrowing, $58,000 e. Cash used for payment of employee salaries, $23,800 f. Cash used for payment of office rent, $11,800 g. Cash provided from sale of equipment purchased in c. above, $22,300 h. Cash used to repay a portion of the long-term borrowing in d. above, $39,000 i. Cash used to pay office utilities, $4,100 j. Purchase of company vehicle, paying $9,800 cash and borrowing $14,800 Favorites Bar Required Calculate cash flows from financing activities. (List cash outflows as negative amounts.) Cash flows from financing activities Hints References eBook & Resource

Explanation / Answer

Cash Flow from Financing Activities Particulars Amount in $ Cash provided from Long term borrowing 58000 Cash used to repay a portion of long term borrowing -39000 borrowing to Purchase of company vehicle 14800 Cash flow from financing activities 33800

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