Use the following cash flow data of Herman Miller Office Furniture for the year ended...
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Accounting
Use the following cash flow data of Herman Miller Office Furniture for the year ended December 31, 2019
| Sale of a used Bus | 45450 |
|
| Cash dividend | 90000 |
|
| Purchase of land | 28280 |
|
| Interest payment on debt | 26260 |
|
| Cash Payment on Salary | 90900 |
|
| Purchase of a New Drilling machine | 76760 |
|
| Purchase of New Wood working machine | 60000 |
|
| Repurchase of stock | 75000 |
|
| Cash payments to Vendor | 161600 |
|
| Cash collections from customers | 393900 |
|
| Cash at the beginning of the year | 400000 |
|
a . What is the net cash provided by or used in operating activities?(sample answer: -$135,000 or $135,000)
b . What is the net cash provided by or used in investing activities? (sample answer: -$135,000 or $135,000)
c . What is the net cash provided by or used in financing activities? (sample answer: -$135,000 or $135,000)
d . What is the cash at the end of the year?
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