Reference no: EM132800923
Question - Ballard Company had the following transactions during the current financial reporting period.
Net Profit $76,000
Depreciation $26,000
Increase in accounts receivable $15,500
Increase in inventories $23,000
Decrease in accounts payable $14,000
Decrease in income taxes payable $23,500
Decrease in wages payable $21,000
Proceeds on Sale of Equipment $78,000
Repayment of bonds $54,000
Issuance of Common shares $32,000
Proceeds on sale of land $56,000
Loss on sale of land $5,700
Payment of dividends $10,700
Required - Determine the cash flow for Operating, Financing and Investing activities for the company and calculate the net change in cash.
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