Corporate Finance Assignment/ Professional Essay Writers
Darden Bottling Company has the following information available for the first six months of 2004:
Cash collected from customers …………………………………$268,000
Cash paid merchandise inventory ……………………………… 83,500
Cash paid for utilities …………………………………………… 20,000
Cash paid for insurance ………………………………………… 23,000
Cash paid for equipment ……………………………………….. 76,500
Cash paid to employees ………………………………………… 57,500
Cash paid for postage …………………………………………… 7,500
Cash paid to owners …………………………………………….. 5,000
Cash received from sale of old equipment ……………………… 18,500
Determine the cash flow from operating activities for the six-month period. Get FInance Help Today