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zhenek [66]
4 years ago
12

In 2018, Usher Sports Shop had cash flows from investing activities of $440,000 and cash flows from financing activities of −$45

0,000. The balance in the firm’s cash account was $625,000 at the beginning of 2018 and $600,000 at the end of the year.
Required:
Calculate Usher Sports Shop’s cash flow from operations for 2018. (Amounts to be deducted should be indicated by a minus sign.)
Business
1 answer:
Kipish [7]4 years ago
3 0

Answer:

$15,000

Explanation:

Calculation for Usher Sports Shop’s cash flow from operations for 2018

Cash flows from investing activities $440,000

Less Cash flows from financing activities ($450,000)

Less Net change in cash and marketable securities ($25,000)

($625,000-$600,000)

Cash flow from operations for 2018 $15,000

Therefore Usher Sports Shop’s cash flow from operations for 2018 will be $15,000

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Explanation:

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A new hospital needs a computer that can support hundreds of users. What classification of computer does the hospital need?
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Avocado Company has an operating income of $108,000 on revenues of $1,054,000. Average invested assets are $505,000 and Avocado
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3 years ago
Mikkelson Corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk prem
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