Operating Activities Assignment
ac counts records and financial statement 66 52 F role of land Garothee of land investment revenue received SO Cash paid to acquire office equipment w ow from investing statement of cash flow. Peridot should report net cash outflows from activities of a million
b. 16 million c $72 million d. 578 million. 23. Moon Company owns 56 million shares of stock of Center Company classified as available for sale. During 2016, the fair value of those shares increased by $34 million. What effect did this increase have on Moon's 2016 statement of cash flows? a. Cash from operating activities increased b. Cash from investing activities increased. c. Cash from financing activities increased. d. No effect 24. Freeman Company's accounting records include the following information: Payments to suppliers Collections on accounts receivable Cash sales Income taxes paid Equipment purchased $50,000 90,000 20,000 5,000 15,000 What is the amount of net cash provided by operating activities indicated by these transactions? a $40,000. b. $45,000 C. $55,000 d. $60,000. .