Fraulein Company had the following cash flows during the current year: 4,000,000 Cash receipts from issuance of ordinary shares Cash receipts from customers 2,000,000 300,000 Cash receipts from dividends on long-term investments Cash receipts from repayment of loan made to 2,200,000 another entity 1,200,000 Cash payments for wages and other operating expenses 100,000 Cash payments for insurance 200,000 400,000 Cash payment for dividends Cash payments for taxes Cash payment to purchase land 800,000 3,500,000 Cash balance-beginning 1. What is the net cash provided by operating activities? a. 600,000 b. 400,000 c. 300,000 d. 200,000 2. What is the net cash provided by investing activities? Ei haak da a. 2,200,000 b. 1,400,000 c. 3,000,000 d. 800,000 000,008. 3. What is the net cash provided by financing activities? a. 4,000,000 buszosy an 9 b. 6,000,000 c. 3,800,000 d. 6,200,000 00.00 4. What is the cash balance at year-end? a. 3,500,000 b. 9,300,000 c. 5,500,000 d. 5,800,000

Fraulein Company had the following cash flows during the current year: 4,000,000 Cash receipts from issuance of ordinary shares Cash receipts from customers 2,000,000 300,000 Cash receipts from dividends on long-term investments Cash receipts from repayment of loan made to 2,200,000 another entity 1,200,000 Cash payments for wages and other operating expenses 100,000 Cash payments for insurance 200,000 400,000 Cash payment for dividends Cash payments for taxes Cash payment to purchase land 800,000 3,500,000 Cash balance-beginning 1. What is the net cash provided by operating activities? a. 600,000 b. 400,000 c. 300,000 d. 200,000 2. What is the net cash provided by investing activities? Ei haak da a. 2,200,000 b. 1,400,000 c. 3,000,000 d. 800,000 000,008. 3. What is the net cash provided by financing activities? a. 4,000,000 buszosy an 9 b. 6,000,000 c. 3,800,000 d. 6,200,000 00.00 4. What is the cash balance at year-end? a. 3,500,000 b. 9,300,000 c. 5,500,000 d. 5,800,000

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter6: Cash And Internal Control

Section: Chapter Questions

Problem 6.2E

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