Peaceful Resorts expects net cash provided by operating activities of $220,000,

Question

Peaceful Resorts expects net cash provided by operating activities of $220,000, and the company plans purchases of equipment of $83,000, cash dividends of $10,000, and loan repayments totaling 8. S36,000. What is Peaceful Resorts' free cash flow? A. $220,000 B. S137,000 C. S127.000 D. $91,000 Purses Direct had Accounts Receivable of $25,000 at the beginning of the year and $44,000 at year- end. Sales revenue for the year totaled S170,000. How much cash did the business collect from customers? 9. A. $189,000 B. S151,000 C. S126,000 D. $101,000 10. Handmade Soaps Company had other operating expenses of $52.000. At the beginning of the ye Handmade Soaps owed S15,000 for Accrued Liabilities. At year-end, Accrued Liabilities were $5,000. How much cash did Handmade Soaps pay for other operating expenses? A. $42.000 B. $47.000 C $57,000 D. S62,000

Explanation / Answer

8

Free Cash Flow =Opearing Cash Flow - Capital Expenditure

=220000-83000

=$137000

9

Amount Collected =A/R beginning + Credit Sales - A/R Ending

=25000+170000-44000

=151000

10

Amount Paid =Accrude liabilities beginning + operating Expense - Accrude liabilities Ending

=15000+52000-5000

=62000

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