Please do not give solution in image format thanku ok5intencesRequired informationWhat is the reviseu dinoun or operaung, invesung anu mancing cast now the possiu e cateu uy a mus signtyOperatingInvestingFinancing2. What is the revised ending cash balance?Ending cash balance3. Which of the three types of cash flows could best be desribed as cash-basis net income?OperatingInvestingFinancing4. Which of the following types of cash flow involves primarily changes in long-term liabilities and stockholders' equity?Operating activitiesInvesting activitiesFinancing activities ktcesRevise your calculations based the new information provided below and then answer the questions that follow.Inflows:Issue common stockSell inventory to customersIssue notes payableSell landEarn interest on investmentsSell patentOutflows:Purchase equipmentPurchase inventoryPurchase treasury stockRepay notes payablePay salariesPay dividendsBeginning cashOperatingInvestingFinancing2. What is the revised ending cash balance?$126,000144,48089,040164,6403,360102,480Required:1. What is the revised amount of operating, investing and financing cash flows? (Net outflows should be indicated by a minus sign.)Ending cash balance.$302,40063,84067,20050,40065,52025,200$ 89,040

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Operating Investing Financing 2. What is the revised ending cash balance? Ending cash balance 3. Which of the three types of cash flows could best be desribed as cash-basis net income? Operating Investing Financing

Operating Investing Financing 2. What is the revised ending cash balance? Ending cash balance 3. Which of the three types of cash flows could best be desribed as cash-basis net income? Operating Investing Financing

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 35E: Classification of Cash Flows The following are several items that might be disclosed on a companys...

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Question

Please do not give solution in image format thanku

ok
5
int
ences
Required information
What is the reviseu dinoun or operaung, invesung anu mancing cast now the possiu e cateu uy a mus signty
Operating
Investing
Financing
2. What is the revised ending cash balance?
Ending cash balance
3. Which of the three types of cash flows could best be desribed as cash-basis net income?
Operating
Investing
Financing
4. Which of the following types of cash flow involves primarily changes in long-term liabilities and stockholders' equity?
Operating activities
Investing activities
Financing activities

k
t
ces
Revise your calculations based the new information provided below and then answer the questions that follow.
Inflows:
Issue common stock
Sell inventory to customers
Issue notes payable
Sell land
Earn interest on investments
Sell patent
Outflows:
Purchase equipment
Purchase inventory
Purchase treasury stock
Repay notes payable
Pay salaries
Pay dividends
Beginning cash
Operating
Investing
Financing
2. What is the revised ending cash balance?
$126,000
144,480
89,040
164,640
3,360
102,480
Required:
1. What is the revised amount of operating, investing and financing cash flows? (Net outflows should be indicated by a minus sign.)
Ending cash balance.
$302,400
63,840
67,200
50,400
65,520
25,200
$ 89,040

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