E3.15 Operating Profit CASH FLOW FROM Operations Investing Financiing Longo Corp

Question

E3.15 Operating Profit CASH FLOW FROM Operations Investing Financiing Longo Corp $       (6,050) $     (1,320) $                          (693) $                          415 Davis Company $       (2,980) $     (3,260) $                         1,502 $                      1,809 Identify uses and sources of cash for Longo and Davis Calcualte the change in cash balance for Davis E3.15 Operating Profit CASH FLOW FROM Operations Investing Financiing Longo Corp $       (6,050) $     (1,320) $                          (693) $                          415 Davis Company $       (2,980) $     (3,260) $                         1,502 $                      1,809 Identify uses and sources of cash for Longo and Davis Calcualte the change in cash balance for Davis

Explanation / Answer

Ans-

Longo Davis Uses Operations Operations Investing E.g. buying machinery,stocks etc Sources Financing E.g. issue of stock,debenture Financing E.g. issue of stock,debenture Investing Sale of investment,equipment etc.

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