Question Details

Identify several alternatives for presenting significant 




1
(a)	Identify several alternatives for presenting significant noncash activities in financial statements.
(b)	Give three examples of significant noncash transactions.


2
The following information is available for Redcands Company:
Receipts from customers	$215,000
Dividends from stock investments	3,000
Proceeds from sale of equipment	18,000
Proceeds from issuance of stock	90,000
Payments for inventory	100,000
Payments for operating expenses	78,000
Interest paid	6,000
Taxes paid	4,000
Dividends paid	20,000

Instructions
Based on the preceding information, compute the net cash provided by operating activities.





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