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

question 80

Essay

The following information is given for Sunny Corporation:
$\begin{array} { l l } \text { Net income } & \$ 45,000 \\\text { Depreciation expense } & 8,000 \\\text { Decrease in accounts receivable } & 3,000 \\\text {Increase in supplies on hand } & 1,000 \\\text { Sale of common stock } &50,000 \\\text { Purchase of equipment } & 45,000 \\\text { Payment of dividends } & 6,000\\\text { Decrease in accounts payable}&5,000\end{array}$ 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 ________.

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Definitions:

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