Calculate January Net Cash Flow (Labeled Y Below):January$10,000$4,000SalesCurrent MonthCollection (40%)Previous MonthCollection (60%)Total Cash ReceiptsEstimated CashPayments (100%)Net Cash Flow$14,000$7,000$22,000$1,000$17,000$0X$3,000YFebruary$15,000$6,000$6,000$12,000$15,000NMarch$20,000$8,000$9,000$17,000$12,000$5,000

Name: Calculate January Net Cash Flow (Labeled Y Below):January$10,000$4,00
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Description: Calculate January Net Cash Flow (Labeled Y Below):January$10,000$4,000SalesCurrent MonthCollection (40%)Previous MonthCollection (60%)Total Cash ReceiptsEstimated CashPayments (100%)Net Cash Flow$14,000$7,000$22,000$1,000$17,000$0X$3,000YFebruary$15

Net cash flow = Total cash receipts - Estimated Cash payments

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Finance

Calculate January Net Cash Flow (Labeled Y Below): January $10,000 $4,000 Sales Current Month Collection (40%) Previous Month Collection (60%) Total Cash Receipts Estimated Cash (1000) $0 X $3,000 February $15,000 $6,000 $6,000 $12,000 $15,000 March $20,000 $8,000 $9,000 $17,000 $12,000

Calculate January Net Cash Flow (Labeled Y Below): January $10,000 $4,000 Sales Current Month Collection (40%) Previous Month Collection (60%) Total Cash Receipts Estimated Cash (1000) $0 X $3,000 February $15,000 $6,000 $6,000 $12,000 $15,000 March $20,000 $8,000 $9,000 $17,000 $12,000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 5MC

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Calculate January Net Cash Flow (Labeled Y Below): January $10,000 $4,000 Sales Current Month Collection (40%) Previous Month Collection (60%) Total Cash Receipts Estimated Cash Payments (100%) Net Cash Flow O $17,000 O $1,000 $7,000 $22,000 $14,000 $0 X $3,000 Y February $15,000 $6,000 $6,000 $12,000 $15,000 Z March $20,000 $8,000 $9,000 $17,000 $12,000 $5,000
Calculate February Net Cash Flow (Labeled Z Below): January February March Sales $10,000 $15,000 $20,000 Current Month Collection (40%) $4,000 $6,000 $8,000 Previous Month Collection (60%) $0 $6,000 $9,000 Total Cash Receipts X $12,000 $17,000 Estimated Cash Payments (100%) $3,000 $15,000 $12,000 Net Cash Flow Y Z $5,000 Group of answer choices $54,000 $27,000 $15,000 $3,000 ($3,000)
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