1) The following information is available from Ram Corp.'s accounting records for the year ended December 31, 2022: Cash paid to suppliers and employee Cash dividends paid 1,020,000 60,000 Cash received from customers 1,740,000 Rent received 20,000 Taxes paid 220,000 Net cash flow provided by operating activities for 2022 was A. 440,000 B. 460,000 C. 500,000 D. 520,000
1) The following information is available from Ram Corp.'s accounting records for the year ended December 31, 2022: Cash paid to suppliers and employee Cash dividends paid 1,020,000 60,000 Cash received from customers 1,740,000 Rent received 20,000 Taxes paid 220,000 Net cash flow provided by operating activities for 2022 was A. 440,000 B. 460,000 C. 500,000 D. 520,000
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter12A: The Statement Of Cash Flows
Section: Chapter Questions
Problem 4P
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