Husky Company has provided the following information for its most recent year of operation:
Cash collected from customers totaled $89,300.
Cash borrowed from banks totaled $31,700.
Cash paid to employees for salaries totaled $32,100.
Cash received from selling Husky common stock to stockholders totaled $41,000.
Cash payments to banks for repayment of money borrowed totaled $7,500.
Cash paid to suppliers totaled $12,500.
Land costing $25,000 was sold for $25,000 cash.
Cash paid for dividends to stockholders totaled $3,300.
How much was Husky's cash flow from operating activities?
A. $47,600.
B. $44,700.
C. $41,400.
D. $37,200.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Husky Company has provided the following information for its most recent year of operation: Cash collected from customers totaled $89,300. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Pamela applies for a life insurance policy with forever young insurance company. when completing the application form about past surgeries, pamela forgot about a past outpatient surgery when she had an infected hang-nail removed and her toe treated.
Answers (1)
Henri fayol developed 14 general principles of management including unity of command and the scalar chain which focused on the total organization. this is known as:
Answers (1)
Pluto Inc., an American leather goods manufacturer, produces and sells a wide range of leather bags, wallets, purses, and belts. It recently opened an outlet in Mexico.
Answers (1)
Provide an example of a transaction that creates the described effects for the separate cases a through e. a. Increases an asset and increases a liability. b. Decreases an asset and decreases a liability. c. Decreases an asset and decreases equity.
Answers (1)
Q - to raise awareness of what you're advertising without limiting who might see your ads, you should:
Answers (1)
New Questions in Business
On Jan 1, 2011, P. T. Scope Company purchased a computer system for $3,240. The company expects to use the system for 3 years. The asset has no salvage value. The book value of the system at Dec 31, 2012 is
Answers (1)
What minimum amount of body weight loss (lbs) is shown to improve physical capabilities and quality of life?
Answers (1)
Bank A has an increase in deposits of $20 million dollars and all bank reserve requirements are 10%. Bank A loans out the full amount of the deposit increase that is allowed. This amount winds up deposited in Bank B.
Answers (1)
In the context of foreign direct investment, a joint venture involves the merger of companies.
Answers (1)
Classify the following changes in each of the accounts as either an outflow or an inflow of cash. During the year (a) marketable securities increased, (b) land and buildings decreased, (c) accounts payable increased, (d) vehicles decreased, (e)
Answers (1)