Husky Company has provided the following information for its most recent year of

Question

  Husky Company has provided the following information for its most recent year of operation:   Cash collected from customers totaled $89,900.   Cash borrowed from banks totaled $32,900.   Cash paid to employees totaled $32,700.   Cash paid for interest totaled $4,100.   Cash received from selling Husky stock to stockholders totaled $47,000.   Cash payments to banks for repayment of money borrowed totaled $8,100.   Cash paid for operating expenses totaled $8,500.   Land costing $25,000 was sold for $25,000 cash.   Cash paid for dividends to stockholders totaled $3,900.   How much was Husky's cash flow from operating activities? $48,700 $44,600 $40,700 $36,500


  Husky Company has provided the following information for its most recent year of operation:   Cash collected from customers totaled $90,000.   Cash borrowed from banks totaled $33,100.   Cash paid to employees totaled $32,800.   Cash paid for interest totaled $4,300.   Cash received from selling Husky stock to stockholders totaled $48,000.   Cash payments to banks for repayment of money borrowed totaled $8,200.   Cash paid for operating expenses totaled $8,600.   Land costing $26,000 was sold for $26,000 cash.   Cash paid for dividends to stockholders totaled $4,000.   How much was Husky's cash flow from financing activities? $81,100 $64,600 $72,900 $68,900 $48,700 $44,600 $40,700 $36,500


  Husky Company has provided the following information for its most recent year of operation:   Cash collected from customers totaled $90,000.   Cash borrowed from banks totaled $33,100.   Cash paid to employees totaled $32,800.   Cash paid for interest totaled $4,300.   Cash received from selling Husky stock to stockholders totaled $48,000.   Cash payments to banks for repayment of money borrowed totaled $8,200.   Cash paid for operating expenses totaled $8,600.   Land costing $26,000 was sold for $26,000 cash.   Cash paid for dividends to stockholders totaled $4,000.   How much was Husky's cash flow from financing activities? $81,100 $64,600 $72,900 $68,900 $81,100 $64,600 $72,900 $68,900   Husky Company has provided the following information for its most recent year of operation:   Cash collected from customers totaled $89,900.   Cash borrowed from banks totaled $32,900.   Cash paid to employees totaled $32,700.   Cash paid for interest totaled $4,100.   Cash received from selling Husky stock to stockholders totaled $47,000.   Cash payments to banks for repayment of money borrowed totaled $8,100.   Cash paid for operating expenses totaled $8,500.   Land costing $25,000 was sold for $25,000 cash.   Cash paid for dividends to stockholders totaled $3,900.   How much was Husky's cash flow from operating activities?

Explanation / Answer

The correct options are:

How much was Husky's cash flow from operating activities?

$44,600

How much was Husky's cash flow from financing activities?

$68,900

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