Marco Petipherals started the year with $107,200 cash and reported net cash provided by operating...

60.1K

Verified Solution

Question

Accounting

image
image
image
Marco Petipherals started the year with $107,200 cash and reported net cash provided by operating activities of $215,000, cash pald for dividends of $43,600, cash iecelved from stock issuance of $36,000 cash pald for equipment purchases of $153,000, casti paid for intangible assets of $109.000, and cash paid on bank loan of $38.000. Required: Calculate the following: 1. Net cash provided by (used in) investing acthities: 2. Net cash provided by (used in) financing activities. 3. Ending cash: Complete this question by entering your answers in the tabs below. Calculate net cash provided by (usod in) imvestiog octivities. (Amounts to be deducted should be indicated with a minus sian). Marco Peripherats started the year wath $107,200 cash and teported not cashi provided by operating activities or $215,000 cash paich for dividends of $43,600, cash received from stock issuance of $36,000, cash paid for equipment purchases of $153,000, cash palk? for irtangible assets of $109,000, and cash paid on bank loan of $38,000. Required: Calculate the following: 1. Net cast provided by fused in) ithesting activities. 2. Net cosh provided by (used in) financing activales 3. Ending casth. Complete this question by entering vour answers in th tabs below. Marco Peripherals started the year with $107,200 cash and reported net cash provided by operating activtes of $215,000, cast paid for dividend's of $43,600, cash recetved from stock issuance of $36,000, cash paid for equipment puichases of $153,000. cash paid for intangible assets or $109,000, and cash paid on bank loan of $38,000 Required: Calculate the following: 1. Net cash provided by fused ins irvesting activities? 2. Net cash provided by (used in) financing activities. 3. Ending cash. Complete this question by entering your answers in the tabs below. Calculote endiog cash. (Amounts to be deducted spould be indicated wath a minus wan)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students