FIN3563-Fall-2018-Jung Homework: chapter 3 homework Score: 0 of 1 pt Problem 3-1

Question

FIN3563-Fall-2018-Jung Homework: chapter 3 homework Score: 0 of 1 pt Problem 3-10 (similar to) I 100f 17 (9 complete) Working with a statement of cash flows) Given the information in the popup window BE. prepare a statoment of cash lows Cash Flows from Operating Activities income Adjustments Depreciation Increase in accounts receivable Increase in inventories Increase in accounts payable Increase in accrued expenses (62) 41 Net cash provided by operating activities 136 Complete the investing activitšes part of the statement of cash flows (Round to the nearest dollar NOTE: Input cash inflows as positive Statement of Cash Flows (Cont'd) Cash Flows from Investing Activities Increase in gross fixed assets (56) (56) Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All

Explanation / Answer

Increase in cash =cash provided by operating activity + cash used by investing activity +cash provided by financing activity

   136+ (-56)+42

   136 -56+ 42

       122

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