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Given the Following Data,answer the Questions That Follow Additional Information: 1) What Was Cash from Customers During

question 111

Essay

Given the following data,answer the questions that follow. Income Statement
For Year Ended 12/31/Y ear 2 $\begin{array} {| l | r| } \hline \text { Net Sales..................... } & \$ 1,500,000 \\\hline \text { Cost of goods sold........... } & ( 800,000 ) \\\hline \text { Cash operating expenses..... } & ( 400,000 ) \\\hline \text { Depreciation and amortization expense............... } & ( 100,000 ) \\\hline \text { Gain on sale of equipment.... } & \underline { 60,000 } \\\hline \text { Net income.............. } & \$ 260,000 \\\hline\end{array}$ Additional Information: $Given the following data,answer the questions that follow. Income Statement For Year Ended 12/31/Y ear 2 \begin{array} {| l | r| } \hline \text { Net Sales..................... } & \$ 1,500,000 \\ \hline \text { Cost of goods sold........... } & ( 800,000 ) \\ \hline \text { Cash operating expenses..... } & ( 400,000 ) \\ \hline \text { Depreciation and amortization expense............... } & ( 100,000 ) \\ \hline \text { Gain on sale of equipment.... } & \underline { 60,000 } \\ \hline \text { Net income.............. } & \$ 260,000 \\ \hline \end{array} Additional Information: 1) What was cash from customers during year 2? 2) What was cash paid to suppliers during year 2? 3) What was net cash inflow from operating activities during year 2? 4) What was net cash inflow (outflow) from investing activities during year 2? 5) What was net cash inflow (outflow) from financing activities during year 2?$ 1) What was cash from customers during year 2?
2) What was cash paid to suppliers during year 2?
3) What was net cash inflow from operating activities during year 2?
4) What was net cash inflow (outflow) from investing activities during year 2?
5) What was net cash inflow (outflow) from financing activities during year 2?

Definitions:

Indecisive

Characterized by difficulty in making decisions, often resulting in hesitation or delay.

Subordinate Commitment

The dedication and loyalty exhibited by an employee towards their supervisor or the organization they work for.

Emotional Stability

is a personality trait that denotes the ability to remain calm and composed under stress, showing resilience in the face of challenges.

Internal Locus Of Control

A psychological concept referring to individuals who believe they have control over the events in their lives, as opposed to external forces or chance.