ACCOUNTING PAPER

Submitted By bobbuilder24
Words: 520
Pages: 3

The information below is a current cash flow statement for our organization:
Cash Flow Statement for ABC Company
Direct Method Dec 31, 20XX
Received from Customers
$1,260,000.00
Payment to Suppliers
$830,000.00
Payment for Operating expense
$250,000.00
Payment for Taxes
$0.00
Cash generated from Operating Cash Flows
$180,000.00

Payment for fixed assets
-$100,000.00
Cash used for Investing Activities
-$100,000.00

Dividend Payment
-$100,000.00
Cash used for Financing Activities
-$100,000.00

Net changes in Cash Flows
-$20,000.00
Balance at the beginning of the year
$70,000.00
Balance at the end of the year
$50,000.00

With looking into the cash flow statement, the statement tells us that our company funds are being utilized for multiple activities throughout the company. Our cash flows from operating activities are $180,000.00 and allows us to meet our financial obligations with purchasing additional assets.
With looking into the cash flow statement, the statement tells us that our company funds are being utilized for multiple activities throughout the company. Our cash flows from operating activities are $180,000.00 and allows us to meet our financial obligations with purchasing additional assets.
With looking into the cash flow statement, the statement tells us that our company funds are being utilized for multiple activities throughout the company. Our cash flows from operating activities are $180,000.00 and allows us to meet our financial obligations with purchasing additional assets.
With looking into the cash flow statement, the statement tells us that our company funds are being utilized for multiple activities throughout the company. Our cash flows from operating activities are $180,000.00 and allows us to meet our financial obligations with purchasing additional assets.
With looking into the cash flow statement, the statement tells us that our company funds are being utilized for multiple activities throughout the company. Our cash flows from operating activities are $180,000.00 and allows us to meet our financial obligations with purchasing additional assets.
With looking into the cash flow statement, the statement tells us that our company funds are being utilized for multiple activities throughout the company. Our cash flows from operating activities are…