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| | + Mezto. mheducation .com/hm.tpx?-=0.55640598 13883052-1455562247027-Homework 3 Reader Please Help With These Two Problems. Thank You! | Chegg.com Homework 3 Bookmarks Reading List Favorites Bar Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $2,000 b. Cash provided from consulting to customers, $46,600 c. Cash used for purchase of mining equipment, $75,000 d. Cash provided from long-term borrowing, $62,000 e. Cash used for payment of employee salaries, $24,200 f. Cash used for payment of office rent, $12,200 g. Cash provided from sale of equipment purchased in c. above, $22,700 h. Cash used to repay a portion of the long-term borrowing in d. above, $41,000 i. Cash used to pay office utilities, $4,500 j. Purchase of company vehicle, paying $10,200 cash and borrowing $15,200 Required Calculate cash flows from operating activities. (List cash outflows as negative amounts.) Cash flows from operating activities

Explanation / Answer

You need to consider only cash flows from operating activities

a. -(2000)

b. 46600

e. -(24200)

f. -(12200)

i. -(4500)

Cash flow from operating activities= $ 3,700

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