Colby Company has provided the following selected information for the year ended December 31,2011:
Cash collected from customers was $392,000.
Cash received from stockholders in exchange for stock totaled $46,000.
Cash paid to suppliers was $183,000.
Cash paid to employees was $102,000.
Cash received from a long-term bank loan was $75,000.
Cash to stockholders for dividends was $17,000.
Cash received from sale of a building was $125,000.
Cash paid for rent was $19,000.
Cash received for interest and dividends was $4,000.
Cash paid for income taxes was $28,000.
Based on the selected information provided,how much was Colby's cash flow from operations?

Question

Colby Company has provided the following selected information for the year ended December 31,2011:
 Cash collected from customers was $392,000.
 Cash received from stockholders in exchange for stock totaled $46,000.
 Cash paid to suppliers was $183,000.
 Cash paid to employees was $102,000.
 Cash received from a long-term bank loan was $75,000.
 Cash to stockholders for dividends was $17,000.
Cash received from sale of a building was $125,000.
 Cash paid for rent was $19,000.
 Cash received for interest and dividends was $4,000.
Cash paid for income taxes was $28,000.
Based on the selected information provided,how much was Colby's cash flow from operations?

Quizplus · Accepted Answer

The Answer of Colby Company has provided the following selected information for the year ended December 31,2011:
 Cash collected from customers was $392,000.
 Cash received from stockholders in exchange for stock totaled $46,000.
 Cash paid to suppliers was $183,000.
 Cash paid to employees was $102,000.
 Cash received from a long-term bank loan was $75,000.
 Cash to stockholders for dividends was $17,000.
Cash received from sale of a building was $125,000.
 Cash paid for rent was $19,000.
 Cash received for interest and dividends was $4,000.
Cash paid for income taxes was $28,000.
Based on the selected information provided,how much was Colby's cash flow from operations?

Colby Company Has Provided the Following Selected Information for the Year