Question

4. Free cash flow. M12-13 Calculating Cash Flows Tech Gear Corp. started the year with $100,000 cash and reported net cash provided by operating activities of $200,000, cash paid for dividends of $40,000, cash received from stock issuance of $30,000, cash paid for equipment purchases of $150,000, cash paid for intangible assets of $100,000, and cash paid on bank loan of $35,000. Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. 4. Free cash flow.

          4. Free cash flow.
M12-13 Calculating Cash Flows
Tech Gear Corp. started the year with $100,000 cash and reported net cash provided by operating activities of $200,000, cash paid for dividends of $40,000, cash received from stock issuance of $30,000, cash paid for equipment purchases of $150,000, cash paid for intangible assets of $100,000, and cash paid on bank loan of $35,000. Calculate the following:
1. Net cash provided by (used in) investing activities.
2. Net cash provided by (used in) financing activities.
3. Ending cash.
4. Free cash flow.

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4. Free cash flow.
M12-13 Calculating Cash Flows
Tech Gear Corp. started the year with 100,000 cash and reported net cash provided by operating activities of200,000, cash paid for dividends of 40,000, cash received from stock issuance of30,000, cash paid for equipment purchases of 150,000, cash paid for intangible assets of100,000, and cash paid on bank loan of 35,000. Calculate the following:
1. Net cash provided by (used in) investing activities.
2. Net cash provided by (used in) financing activities.
3. Ending cash.
4. Free cash flow.

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Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

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Solved by Expert Akash M

06/29/2023

Step 1

Net cash provided by (used in) investing activities: Cash paid for equipment purchases + Cash paid for intangible assets = $150,000 + $100,000 = $250,000 Net cash used in investing activities = -$250,000 Show more…

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4. Free cash flow. M12-13 Calculating Cash Flows Tech Gear Corp. started the year with $100,000 cash and reported net cash provided by operating activities of $200,000, cash paid for dividends of $40,000, cash received from stock issuance of $30,000, cash paid for equipment purchases of $150,000, cash paid for intangible assets of $100,000, and cash paid on bank loan of $35,000. Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. 4. Free cash flow.

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