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Tresset [83]
3 years ago
5

During its first month of business, Kochanski Company reported net cash flows from operating activities of $5,000, net cash flow

s from investing activities of ($10,000), net cash flows from financing activities of $50,000. What was the net increase in cash
Business
1 answer:
sineoko [7]3 years ago
3 0

Answer:

Net cash increase is $45000.

Explanation:

Net cash flow from (OA) operating activity = $5000

Net cash flow from (I) investing  = $10000

Net cash flow from (F) financing activity = $50000

Net cash increase = Operating activity cash flow + Financing activity cash flow - Net cash flow from investing  

Net cash increase = 5000 + 50000 – 10000

Net cash increase = 45000

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3 years ago
Baxter Company reported a net loss of $13,000 for the year ended December 31. During the year, accounts receivable decreased by
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a. used net cash of $2,000

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Cash flow from Operating activities - Indirect method

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