question archive Section D: The Cash Flow Statement

Section D: The Cash Flow Statement

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Section D: The Cash Flow Statement. Prepare a Cash Flow Statement for the year and answer 2 calculated questions (8 points each, total 16 points). Question 1: Calculate cash flow from operating activities using the following information (8 points): Cash sales: $10,000 Credit sales: $15,000 Cash received from prior credit sales: $8,000 Rent paid: $3,000 Inventory purchased: $6,000 Wages paid: $5,000 Question 2: Categorize the following cash flows as to whether they are operating, investing, or financing activities (8 points): Taxes paid Dividends paid to shareholders Interest paid on loans Dividends received on investments Cash sales Purchase of new office furniture

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