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Use the following cash flow data of Herman Miller Office Furniture for the year ended December 31, 2019
Sale of a used Bus | 45450 | |
Cash dividend | 90000 | |
Purchase of land | 28280 | |
Interest payment on debt | 26260 | |
Cash Payment on Salary | 90900 | |
Purchase of a New Drilling machine | 76760 | |
Purchase of New Wood working machine | 60000 | |
Repurchase of stock | 75000 | |
Cash payments to Vendor | 161600 | |
Cash collections from customers | 393900 | |
Cash at the beginning of the year | 400000 | |
a . What is the net cash provided by or used in operating activities?(sample answer: -$135,000 or $135,000)
b . What is the net cash provided by or used in investing activities? (sample answer: -$135,000 or $135,000)
c . What is the net cash provided by or used in financing activities? (sample answer: -$135,000 or $135,000)
d . What is the cash at the end of the year?
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