A summary of Ethos Consulting Group’s cash flows for the year ended May 31, 2018 is as follows: Cash Receipts: Cash received from customers $647,500 Cash received from the issuance of common shares 63,500 Payments in cash: Cash paid for operating expenses 485,500 Cash paid for land 90.000 Cash paid by dividends 14,500 The cash balance as of June 1,

Sep 8, 2023

A summary of Ethos Consulting Group’s cash flows for the year ended May 31, 2018 is as follows:

Cash Receipts:
Cash received from customers $647,500
Cash received from the issuance of common shares 63,500
Payments in cash:
Cash paid for operating expenses 485,500
Cash paid for land 90.000
Cash paid by dividends 14,500

The cash balance as of June 1, 2017 was $57,000.

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A summary of Ethos Consulting Group’s cash flows for the year ended May 31, 2018 is as follows: Cash Receipts: Cash received from customers $647,500 Cash received from the issuance of common shares 63,500 Payments in cash: Cash paid for operating expenses 485,500 Cash paid for land 90.000 Cash paid by dividends 14,500 The cash balance as of June 1,
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Prepare a statement of cash flows for Ethos Consulting Group for the year ended May 31, 2018.

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