The following information reflects cash flow and other activities of Better Vision Eyeglass Company for three months ended March 31, 2004.
|
Paid for equipment |
$42,000 |
Paid to owners |
$12,000 |
|
Paid for income taxes |
3,000 |
Paid to suppliers |
39,000 |
|
Paid for insurance |
200 |
Depreciation expense |
13,000 |
|
Paid for interest |
450 |
Received from customers |
87,500 |
|
Paid for utilities |
790 |
Received from issuing long term debt |
23,000 |
|
Paid for advertising |
300 |
Received from sale of land |
19,500 |
|
Paid to employees |
18,000 |
Use this information to answer the following questions:
a. What was net cash flow from operating activities for the period?
b. What was net cash flow from financing activities for the period?
c. What was the net cash flow from investing activities for the period?
d. What was the net change in cash for the period?