Takisha jorimoto works in finance for a small microbrewery. this week takisha is working on a budget for the next 12 months. she has been doing research to determine prices for the new equipment the company will need in the next 12 months to stay competitive in this market. which of the steps in financial planning is takisha involved in? a. developing financial statements for outside investors b. developing budgets to meet financial needs c. establishing financial controls and tax policy d. forecasting short-term financial needs

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: