The Following Information Is Given for Sunny Corporation The Indirect Method Is Used

question 54

Short Answer

The following information is given for Sunny Corporation:
$$\begin{array} { l r } \text { Net income } & \$ 40,000 \\\text { Depreciation expense } & 6,000 \\\text { Decrease in accounts receivable } & 5,000 \\\text { Increase in supplies on hand } & 2,000 \\\text { Sale of common stock } & 40,000 \\\text { Purchase of equipment for cash } & 40,000 \\\text { Payment of dividends } & 6,000 \\\text { Increase in accounts payable } & 5,000\end{array}$$
The indirect method is used.The beginning Cash balance is $23,000.
Required:
Answer the following questions with the information provided above.
a)The cash flow from operating activities is ________.
b)The cash flow from investing activities is ________.
c)The cash flow from financing activities is ________.
d)The net change in cash is ________.
e)The ending balance of cash is ________.

---

Definitions:

Genotype

The genetic constitution of an individual organism, determining inherited traits and often influencing phenotype.

Genetic Counseling

A medical specialty that helps prospective parents determine the probability that their children will inherit genetic defects and chromosomal abnormalities.

Behavioral Genetics

A discipline that investigates how genetics and environmental factors affect behavior.

Obstetrics

A medical specialty focused on care during pregnancy, childbirth, and the postpartum period.