Answer:
1. Ending balance of cash is $31400
Explanation:
<u>1.</u>
Balance of cash at the beginning of the period is $4,300
+Cash received from sale of products to customers $ 36,500
+Cash received from the bank for long-term loan 41,500
-Cash paid to purchase factory equipment (46,500 )
-Cash paid to merchandise suppliers (11,300 )
+Cash received from the sale of an unused warehouse 12,300
-Cash paid to workers (23,300 )
-Cash paid for advertisement (3,300 )
+Cash received for sale of services to customers 26,500
-Cash paid for dividends to stockholders (5,300 )
Balance of cash at the beginning of the period is $31,400
<u>2.</u>
Cash Flow Statement
Cash flow from Operating Activities
Cash received from sale of products to customers $ 36,500
Cash received for sale of services to customers 26,500
Cash paid to merchandise suppliers (11,300 )
Cash paid to workers (23,300 )
<u>Cash paid for advertisement (3,300 )</u>
Total Cash Inflow / outflow from Operating Activity 25,100
Cash flow from Investing Activities
Cash paid to purchase factory equipment (46,500 )
Cash received from the sale of an unused warehouse 12,300
<u>Cash paid for dividends to stockholders (5,300 )</u>
Total Cash Inflow / outflow from Investing Activity (39,500 )
Cash flow from Financing Activities
<u>Cash received from the bank for long-term loan 41,500</u>
Total Cash Inflow / outflow from Financing Activity 41,500
Net cash Inflow / Outflow 27,100
Balance of cash at the beginning of the period is <u>4,300</u>
Balance of cash at the beginning of the period is <u>31,400</u>
