Financing Activities Assignment
Question: 5 pts Clarabel Corporation uses the indirect method to prepare its statement of cash flows. Data related to cash activities for last year is as follows B(Click the loon to view the data.) Answer the following questions 1. What was the net cash flow from operating activities for the year? 2. What was the cash flow from (or used for) investing actives for the year? 3. What was the cash flow from (or used for) financing activities for the yearn
4 What was the net change in cash for the year? 5. the beginning balance of cash for the year was $159,000, what was the balance of cash at the end of the year? 1. Calculate the net cash flow from operating activities for the year. (f a box is not used in the statement, leave the box empty, do not select a label or enter a zero. Use parentheses or a minus sign for numbers to be subtracted or net cash outflows Operating Activities: Net cash provided by used for) opening activities 2. Calculate the cash flow from (or used for) testing activities for the year (f a box is not used in e statement eave the box empty do not select a label or enter a zero Use parentheses numbers to be sauced or net cash outflows) a minus sign for Choose from any lat or enter any number in the input Seeds and then continue to the next question of cash flows. Data related to cash activities for last year is as follows: a X Oi fo Data Table wha Net income.. 92,600 Dividends paid (cash) 50,100 . (If Depreciation expense… 19,000 Net decreases in current assets 21,900 Issued new notes payable for cash. 61,900 Paid cash for building 275,000 Net decrease in current liabilities 5,100 Sold investment for cash 200,000 Print Done es for the t a lab elds and then continue to the next question. .