Solved: Cash paid to suppliers and employees - 510000 and cash, Accounting Basics

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Cash paid to suppliers and employees - 510000 and cash

Question - The following information is available from Sand Corp.'s accounting records for the year ended December 31, year 2:

Cash received from customers - $870,000

Rent received - $10,000

Cash paid to suppliers and employees - $510,000

Taxes paid - $110,000

Cash dividends paid - $30,000

Calculate net cash flow provided by operations for year 2?

$230,000

$220,000

$250,000

$260,000

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Accounting Basics: Cash paid to suppliers and employees - 510000 and cash

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Accounting Basics: Cash paid to suppliers and employees - 510000 and cash

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