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Stimpleton Company engages in the following cash payments:

Purchase equipment $4,000
Pay rent 700
Repay loan to the bank 5,900
Pay workers' salaries 1,050

What is the total amount of cash paid for operating activities?
A.$1,750
B.$4,000
C.$6,950
D.$9,900

User SACn
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1 Answer

7 votes

Answer:

A. $ 1.750

Step-by-step explanation:

from the given infomation, the operating activities are:

1. pay rent = $ 700

2. pay workers salaries = $ 1.050

The total cash paid fpr operating activities = $ 700 + $ 1.050

= $ 1.750

Therefore, the total amount of cash paid for operating activities is $ 1.750.

User Mayur Chauhan
by
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