hi r.un WileyPLUS Kimmel, Accounting, 6oe FUNDAMENTALS OF FI ASSIGNMENT Problem

Question

hi r.un WileyPLUS Kimmel, Accounting, 6oe FUNDAMENTALS OF FI ASSIGNMENT Problem 1-4A Presented below is selected tinanclal Intormation tor Wildhorse Co. tor the year ended Decembar 31, 2017 Inventory Cash paid to suppllers Buidings Comman stock Casth divides pa Cash at bcginning of porlad 7.100 11S C2 2A, 700 Cash paid to purchase equipment 104,200 Equipment 201,200 Service reveue 11,000 Reviow Results y Study onjoctiva 03,500 49,000 Cash rezeived fram customers 137,60 ,10U Cash received fram ssung terlirton ammon stuck 22,HOD (a) Prepare the statement or cash lows for Wildhorse Co. (Show amounts that decrease cash low either with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000)) Wildhorse Ch Statement of Cash Flows E O lype here to search

Explanation / Answer

Cash flow statement Cash flow from operating activities Cash received from customer 132600 Cash paid to supplier -104200 Cash flow from operating activities 28400 Cash flow from investing activities Cash paid to purchase equipment -11000 Cash used in investing activities -11000 Cash flow from financing activities Cash received from issuing common stock 22800 Cash dividend paid -5100 Cash flow from financing activities 17700 Net change in cash 35100 Cash at beginning of the period 7100 Cash at ending of the period 42200

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