The following are the cash flows for each of the independent cases. Case 1 Case 2 Case 3 Cash provided by (used for) operating activities $ 3,000 $ (120,000 ) $ 80,000 Cash provided by (used for) investing activities (70,000 ) 10,000 (40,000 ) Cash provided by (used for) financing activities 75,000 75,000 (30,000 ) Net change in cash 8,000 (35,000 ) 10,000 Cash position at beginning of year 2,000 40,000 30,000 Cash position at end of year $ 10,000 $ 5,000 $ 40,000 Classify each of the following cases as a growing start-up company (S), a healthy established company (E), or an established company facing financial difficulties (F).

The following are the cash flows for each of the independent cases. Case 1 Case 2 Case 3 Cash provided by (used for) operating activities $ 3,000 $ (120,000 ) $ 80,000 Cash provided by (used for) investing activities (70,000 ) 10,000 (40,000 ) Cash provided by (used for) financing activities 75,000 75,000 (30,000 ) Net change in cash 8,000 (35,000 ) 10,000 Cash position at beginning of year 2,000 40,000 30,000 Cash position at end of year $ 10,000 $ 5,000 $ 40,000 Classify each of the following cases as a growing start-up company (S), a healthy established company (E), or an established company facing financial difficulties (F).

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 13MCQ

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Based on the following information, compute cash flows from financing activities under GAAP.Purchase of investments $ 250Dividends paid 1,200Interest paid 400Additional borrowing from bank 2,800
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Kela corporation reports net income of 570,000 that includes depreciation expense of 77,000 also cash of 47,000 it was borrowed on a three year note payable based on the data total cash inflows operating activities are
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The current period statement of cash flows includes the following: Cash balance at the beginning of the period $310,000 Net cash flows from operating activities 185,000 Net cash flows used for investing activities (43,000) Net cash flows used for financing activities (97,000) The cash balance at the end of the period is Oa. $125,000 Ob. $355,000 Oc. $45,000 Od. $635,000

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	Case 1		Case 2	Case 3
Cash provided by (used for) operating activities	$	3,000		$	(120,000	)	$	80,000
Cash provided by (used for) investing activities		(70,000	)		10,000			(40,000	)
Cash provided by (used for) financing activities		75,000			75,000			(30,000	)
Net change in cash		8,000			(35,000	)		10,000
Cash position at beginning of year		2,000			40,000			30,000
Cash position at end of year	$	10,000		$	5,000		$	40,000