QS 16-8 Computing cash flows from investing LO P3
QS 16-8 Computing cash flows from investing LO P3
| Sale of short-term investnents | $2,200 |
|---|---|
| Cash colleotions from customers | 5,800 |
| Purchase of used equipment | 1,900 |
| Depreciation expense | 700 |
Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)
Homework Answers
Investing Activities
| Sale of short-term investments | $2,200 |
| Purchase of used equipment | -$1,900 |
| Cash provided by investing activities | $300 |
QS 16-12 Computing cash flows from investing LO P3
QS 16-12 Computing cash flows from investing LO P3 Sale of short-term stock investments$6,000Cash collections from customers16,000Purchase of used equipment5,000Depreciation expense2,000Compute cash flows from investing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)
QS 12-8 Computing cash flows from Investing LO P3 $ 3.800 Sale of short-term investments Cash...
QS 12-8 Computing cash flows from Investing LO P3 $ 3.800 Sale of short-term investments Cash collections from customers Purchase of used equins Depreciation expense Compute cash flows from investing activites using the above company Information (Amounts to be deducted should be indicated by a minus sign) o 1o 19 fo Investing Activities
QS 16-10 Computing cash flows from financing LO P3 Additional short-term borrowings Purchase of short-term investments...
QS 16-10 Computing cash flows from financing LO P3 Additional short-term borrowings Purchase of short-term investments Cash dividends paid Interest paid $ 77,000 19,300 61,800 30,900 DOR Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indi a minus sign.) Financing Activities $ < Prey 7 of 14 !!! Next >
Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of...
Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $82,500 and an original cost of $167,000 was sold at a loss of $33,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $310,000 for $430,000 cash, yielding a gain of $120,000. d. Long-term investments in stock were sold for $91,400 cash, yielding again of $15,500 Use the above information to determine cash flows from investing activities. (Amounts to be deducted...
Exercise 12-8 Cash flows from investing activities LO P3 Equipment with a book value of $81,500...
Exercise 12-8 Cash flows from investing activities LO P3 Equipment with a book value of $81,500 and an original cost of $167,000 was sold at a loss of $34,000. Paid $106,000 cash for a new truck. Sold land costing $330,000 for $415,000 cash, yielding a gain of $85,000. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $14,750. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated...
Exercise 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of...
Exercise 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of $81,500 and an original cost of $164,000 was sold at a loss of $32,000. b. Paid $100,000 cash for a new truck. c. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. d. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts...
QS 12-4 Indirect: Computing cash flows from operations LO P2
QS 12-4 Indirect: Computing cash flows from operations LO P2Cain Inc. reports net income of $17,800. Its comparative balance sheet shows the following changes: accounts receivable increased $8,800; inventory decreased $10,800; prepaid insurance decreased $3,800; accounts payable increased $5,800 and taxes payable decreased $4,800. Compute cash flows from operations using theindirect method. (Amounts to be deducted should be indicated by a minus sign.)
Exercise 12-7 Cash flows from investing activities LO P3 Equipment with a book value of $80,000...
Exercise 12-7 Cash flows from investing activities LO P3 Equipment with a book value of $80,000 and an original cost of $162,000 was sold at a loss of $31,000. Paid $106,000 cash for a new truck. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. Long-term investments in stock were sold for $91,400 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts to be deducted should...
newconnectmheducation.com YouTube Ch 12 Homework amework Seved Exercise 12-8 Cash flows from investing activities LO P3...
newconnectmheducation.com YouTube Ch 12 Homework amework Seved Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $79,500 and an original cost of $161,000 was sold at a loss of $36,000 b. Paid $106,000 cash for a new truck. c. Sold land costing $320.000 for $405.000 cash, yielding again of $85.000 d. Long-term investments in stock were sold for $96,300 cash, yielding again of $15.500. Use the above information to determine cash flows from...
QS 16-10 Computing investing cash flows LO P3
Required informationUse the following information for the Quick Study below.[The following information applies to the questions displayed below.]The plant assets section of the comparative balance sheets of Anders Company is reported below.ANDERS COMPANYComparative Balance Sheets20192018Plant assetsEquipment$180,000$270,000Accumulated depreciation—Equipment(100,000)(210,000)Equipment, net$80,000$60,000Buildings$380,000$400,000Accumulated depreciation—Buildings(100,000)(285,000)Buildings, net$280,000$115,000QS 16-10 Computing investing cash flows LO P3During 2019, equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000. 1. How much cash did Anders receive from the sale of equipment?2. How much depreciation...
QS 12-8 Computing cash flows from Investing LO P3 $ 3.800 Sale of short-term investments Cash collections from customers Purchase of used equins Depreciation expense Compute cash flows from investing activites using the above company Information (Amounts to be deducted should be indicated by a minus sign) o 1o 19 fo Investing Activities
QS 16-10 Computing cash flows from financing LO P3 Additional short-term borrowings Purchase of short-term investments Cash dividends paid Interest paid $ 77,000 19,300 61,800 30,900 DOR Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indi a minus sign.) Financing Activities $ < Prey 7 of 14 !!! Next >
Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $82,500 and an original cost of $167,000 was sold at a loss of $33,000. b. Paid $106,000 cash for a new truck. c. Sold land costing $310,000 for $430,000 cash, yielding a gain of $120,000. d. Long-term investments in stock were sold for $91,400 cash, yielding again of $15,500 Use the above information to determine cash flows from investing activities. (Amounts to be deducted...
Exercise 12-7 Cash flows from investing activities LO P3 a. Equipment with a book value of $81,500 and an original cost of $164,000 was sold at a loss of $32,000. b. Paid $100,000 cash for a new truck. c. Sold land costing $325,000 for $405,000 cash, yielding a gain of $80,000. d. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $14,000. Use the above information to determine this company's cash flows from investing activities. (Amounts...
newconnectmheducation.com YouTube Ch 12 Homework amework Seved Exercise 12-8 Cash flows from investing activities LO P3 a. Equipment with a book value of $79,500 and an original cost of $161,000 was sold at a loss of $36,000 b. Paid $106,000 cash for a new truck. c. Sold land costing $320.000 for $405.000 cash, yielding again of $85.000 d. Long-term investments in stock were sold for $96,300 cash, yielding again of $15.500. Use the above information to determine cash flows from...
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