Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 19 Aug 2017 My Price 8.00

Ethos Consulting Group

A summary of cash flows for Ethos Consulting Group for the year ended May 31, 2016, follows:

Cash receipts:

Cash received from customers                                                                                                               $637,500

Cash received from issuing common stock                                                                                        62,500 Cash payments:

 

Cash paid for operating expenses

475,000

Cash paid for land

90,000

Cash paid for dividends

17,500

The cash balance as of June 1, 2015, was    $58,000.

Prepare a statement of cash flows for Ethos Consulting Group for the year ended May 31, 2016.

Answers

Maurice Tutor
(5)
Status NEW Posted 19 Aug 2017 07:08 PM My Price 8.00

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