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MatroZZZ [7]
3 years ago
12

The following cash flow data for Rocket Transport:

Business
1 answer:
Inessa05 [86]3 years ago
5 0

Answer:



Explanation:

Statement of cash flows amount in $

A Cash flows from operating activies  

Cash collection from customers 480000

less :cash payments to supliers 113000

less :cash payments for interest 43000

Net cash flow from operating activities 324000

 

B Cash flows from investing activities  

Additions  

Sales of old equipment 90000

less:purchase of bus 69000

net cash flow from investing activities 21000

 

C Cash flows from financing activities  

less:repurchase of outstanding stock 91000

Less:Dividend payments 98000

Net cash flow from financing activities -189000

total cash flow 156000

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