1. Compute cash flows from investing activities using the following company information.
|
Sale of short term investments |
$16,000 |
|
Cash collections from customers |
44,000 |
|
Purchase of used equipment |
10,000 |
|
Depreciation expense |
6,000 |
2. Compute cash flows from financing activities using the following company information.
|
Additional short term borrowings |
$88,000 |
|
Purchase of short term investments |
25,000 |
|
Cash dividends paid |
32,000 |
|
Interest paid |
17,000 |