For During the year ended December 31,2014,Burton Company had cash collections from customers of $100,000,cash paid to employees of $16,000,cash paid to suppliers of $50,000,cash used to retire long-term bonds of $16,000,and cash payments for dividends of $10,000.The net cash flow from Cash provided by operating activities for 2014during the year was is:

Question

Quizplus · Accepted Answer

Net cash flow from operating activities = $100,000 - $16,000 - $50,000 = $34,000
The cash outflows to repay debt (bonds)and pay dividends are reported as financing activities.

For During the Year Ended December 31,2014,Burton Company Had Cash