The following is a list of various cash payments and cashreceipts:Cash paid to suppliers and employees . . . . . . . . $420,000Dividends paid . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000Interest paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000Purchases of plant assets . . . . . . . . . . . . . . . . . 45,000Interest and dividends received . . . . . . . . . . . . . 17,000Payments to settle short-term bank loans . . . . . 29,000Income taxes paid . . . . . . . . . . . . . . . . . . . . . . . 23,000Cash received from customers . . . . . . . . . . . . . 601,000 Based only on the above items, net cash flows from operat-ing activities are: a. $138,000b. $91,000c. $120,000d. $163,000
The following is a list of various cash payments and cash
receipts:
Cash paid to suppliers and employees . . . . . . . . $420,000
Dividends paid . . . . . . . . . . . . . . . . . . . . . . . . . . 18,000
Interest paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,000
Purchases of plant assets . . . . . . . . . . . . . . . . . 45,000
Interest and dividends received . . . . . . . . . . . . . 17,000
Payments to settle short-term bank loans . . . . . 29,000
Income taxes paid . . . . . . . . . . . . . . . . . . . . . . . 23,000
Cash received from customers . . . . . . . . . . . . . 601,000
Based only on the above items, net
ing activities are:
a. $138,000
b. $91,000
c. $120,000
d. $163,000
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