(Solution) - For each of the following three separate cases use the -(2025 Original AI-Free Solution)

Paper Details

For each of the following three separate cases, use the information provided about the calendar-year 2016 operations of Sahim Company to compute the required cash flow information.
Case X: Compute cash received from customers:
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $515,000
Accounts receivable, December 31, 2015 . . . . . . . . . . . . . 27,200
Accounts receivable, December 31, 2016 . . . . . . . . . . . . . 33,600
Case Y: Compute cash paid for rent:
Rent expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $139,800
Rent payable, December 31, 2015 . . . . . . . . . . . . . . . . . . . . 7,800
Rent payable, December 31, 2016 . . . . . . . . . . . . . . . . . . . . 6,200
Case Z: Compute cash paid for inventory:
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . $525,000
Inventory, December 31, 2015 . . . . . . . . . . . . . . . . . . . 158,600
Accounts payable, December 31, 2015 . . . . . . . . . . . . . . 66,700
Inventory, December 31, 2016 . . . . . . . . . . . . . . . . . . . 130,400
Accounts payable, December 31, 2016 . . . . . . . . . . . . . . 82,000