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  • Details TK TK Operating Activities: Net Income 44000

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    TAWHID ARMAN
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    Haque Corporation's cash flow statement for 2017 shows net income of Tk. 44,000. Cash flows from operating activities was Tk. 37,000 after adjustments for depreciation, increases in accounts receivable and payable. Cash flows from investing activities was Tk. -17,000 due to purchase of equipment. Cash flows from financing activities was Tk. -13,000 due to common stock issued and dividends paid, resulting in a net increase in cash of Tk. 7,000.

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    Haque Corporation

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    Haque Corporation's cash flow statement for 2017 shows net income of Tk. 44,000. Cash flows from operating activities was Tk. 37,000 after adjustments for depreciation, increases in accounts receivable and payable. Cash flows from investing activities was Tk. -17,000 due to purchase of equipment. Cash flows from financing activities was Tk. -13,000 due to common stock issued and dividends paid, resulting in a net increase in cash of Tk. 7,000.

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    13 views1 page

    Details TK TK Operating Activities: Net Income 44000

    Uploaded by

    TAWHID ARMAN
    Haque Corporation's cash flow statement for 2017 shows net income of Tk. 44,000. Cash flows from operating activities was Tk. 37,000 after adjustments for depreciation, increases in accounts receivable and payable. Cash flows from investing activities was Tk. -17,000 due to purchase of equipment. Cash flows from financing activities was Tk. -13,000 due to common stock issued and dividends paid, resulting in a net increase in cash of Tk. 7,000.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    Haque Corporation

    Cash flow Statement


    2017

    Details TK TK
    Operating activities:
    Net income 44000
    Adjustments to reconcile net income to net cash provided by operating
    activities

    Depreciation Expense (17000 – 11000) 6000

    (-) Increase account Receivable (106000 – 88000) (18000)

    Increase account payable (20000 – 15000) 5000 (7000)


    cash flows by operating activities 37000
    Investing Activities:
    (-) Purchase of equipment (39000 – 22000) (17000)
    cash flows by investing activities (17000)

    Financing Activities:
    Common stock issued (100000 – 80000)
    20000

    (-) Dividends paid (33000)


    Cash flows by financing activities (13000)

    Net increased in cash 7000


    Cash at beginning of period
    13000
    Cash at end of period
    20000

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