please answer all four multiple choice questionsHomework Answers
Ans.
Question 5:- Option 2= Cash inflows and outflows of the company.
Question 6:- Option 4= Investing activities.
Question 7:- Option 2= Obligations that extend beyond 1 year.
Question 8:- Option 1= 1.20 (Net income / Total number of outstanding shares) $150,000/124,000
Add Answer to:
please answer all four multiple choice questions
QUESTION 5 The primary purpose of the statement of...
please answer all four multiple choice questions QUESTION 1 After a corporation declares a cash dividend,...
please
answer all four multiple choice questions
QUESTION 1 After a corporation declares a cash dividend, what takes place on the date of record? 1. cash decreases 2. stockholders' equity decreases 3. no entry is necessary 4.liabilities decrease QUESTION 2 Ladder Distributors The stockholders' equity section of the December 31, 2019, balance sheet is provided below: Common Stock, $30 par, 20,000 shares issued and outstanding $ 600,000 Paid-in Capital in Excess of Par-Common Stock 240,000 Retained Earnings 700.000 Total Stockholders'...
please answer the following multiple choice questions 20. The following information is from the balance sheet...
please answer the following multiple choice questions
20. The following information is from the balance sheet of Tudor Corporation as of December 31, 2014 Preferred stock, S100 par Paid-in capital in excess of par preferred Common stock, SI par Paid-in capital in excess of par common Retained earnings Total stockholders' equity What was the average issue price of the common stock shares? A) S1.90 B) $1.00 C) $3.00 D) S13.15 $ 500,000 35,000 190,000 380,000 131.500 SL236.500 21. Dallkin Corporation...
QUESTION 11 Reiser Co. has 8,000 shares of no-par common stock with a $50 stated value...
QUESTION 11 Reiser Co. has 8,000 shares of no-par common stock with a $50 stated value and 3,000 shares of $40 par, 5 percent noncumulative preferred stock outstanding. if the company declares a cash dividend of $22,000, the amount of the dividend paid to preferred stockholders is: $5,000 $6,000 $11,00 $5,500 QUESTION 12 Which of the following would be reported as cash flow from financing activities Cash receipts from the sale of equipment Cash receipts from interest on notes receivable...
Statement of Cash Flows The following is a list of the items to be included in the preparation of Warrick Company’s 2016 statement of cash flows: Net income, $41,600 Payment for purchase of building,...
Statement of Cash Flows The following is a list of the items to be included in the preparation of Warrick Company’s 2016 statement of cash flows: Net income, $41,600 Payment for purchase of building, $90,000 Increase in accounts receivable, $7,200 Proceeds from issuance of common stock, $37,000 Increase in accounts payable, $5,000 Proceeds from sale of land, $8,400 Depreciation expense, $20,000 Payment of dividends, $38,000 Gain on sale of land, $3,000 Decrease in inventory, $3,300 Payment for purchase of long-term...
Assets Cash Accounts receivable Inventory Land Equipment Accumulated Depreciation-Equipment Total Liabilities and Stockholders' Equity Accounts payable...
Assets Cash Accounts receivable Inventory Land Equipment Accumulated Depreciation-Equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total December 31 2020 2019 $ 72,730 $ 22,000 84,480 68,750 182,480 191,750 73,480 112,750 262,480 202,750 (71,480) (44,750) $604,170 $553,250 $36,480 150,000 214,000 203,690 $604,170 $ 49,750 200,000 164,000 139,500 $553,250 Additional information: 1. Net income for 2020 was $129,960. No gains or losses were recorded in 2020. Cash dividends of $65,770 were declared and...
César A. Martinan Prof. Arritola Managerial Test 1 - Ch. 13 - Statement of Cash Flows Multiple Choice wer the ques...
César A. Martinan Prof. Arritola Managerial Test 1 - Ch. 13 - Statement of Cash Flows Multiple Choice wer the question Identify the choice that best completes the statement or 1. Which of the following concepts of cash is not appropriate to use in preparing the statement of cash flow? a cash cash and money market funds c. cash and cash equivalents d. cash and U.S. treasury bonds 2. Which of the following can be found on the statement of...
1. Use the following company information to calculate its net cash provided or used by investing...
1. Use the following company information to calculate its net cash provided or used by investing activities: (a) Equipment with a book value of $125,000 and an original cost of $220,000 was sold at a gain of $22,000. (b) Paid $49,000 cash for a new truck. (c) Sold land costing $30,000 for $26,000 cash, realizing a $4.000 loss. (d) Purchased treasury stock for $53,000 cash. (e) Long-term investments in stock are sold for S41.000 cash, realizing a gain of $3,500....
QUESTION 34 Cash paid for preferred stock dividends should be shown on the statement of cash...
QUESTION 34 Cash paid for preferred stock dividends should be shown on the statement of cash flows under investing activities financing activities noncash investing and financing activities O operating activities
P14.2A Financial Statement Prepare stockholders' equity section, and compute allocation of dividends and earnings per share....
P14.2A Financial Statement Prepare stockholders' equity section, and compute allocation of dividends and earnings per share. (LOL. 2) The post-closing trial balance of Storey Corporation at December 31, 2020, contains the following stockholders' equity accounts. Preferred Stock (15,000 shares issued) $750,000 Common Stock (250,000 shares issued) 2,500,000 Paid-in Capital in Excess of Par-Preferred Stock 250,000 Paid-in Capital in Excess of Par-Common Stock 400,000 Common Stock Dividends Distributable 250,000 Retained Earnings 1,042,000 A review of the accounting records reveals the following....
please
answer all four multiple choice questions
QUESTION 1 After a corporation declares a cash dividend, what takes place on the date of record? 1. cash decreases 2. stockholders' equity decreases 3. no entry is necessary 4.liabilities decrease QUESTION 2 Ladder Distributors The stockholders' equity section of the December 31, 2019, balance sheet is provided below: Common Stock, $30 par, 20,000 shares issued and outstanding $ 600,000 Paid-in Capital in Excess of Par-Common Stock 240,000 Retained Earnings 700.000 Total Stockholders'...
please answer the following multiple choice questions
20. The following information is from the balance sheet of Tudor Corporation as of December 31, 2014 Preferred stock, S100 par Paid-in capital in excess of par preferred Common stock, SI par Paid-in capital in excess of par common Retained earnings Total stockholders' equity What was the average issue price of the common stock shares? A) S1.90 B) $1.00 C) $3.00 D) S13.15 $ 500,000 35,000 190,000 380,000 131.500 SL236.500 21. Dallkin Corporation...
Assets Cash Accounts receivable Inventory Land Equipment Accumulated Depreciation-Equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total December 31 2020 2019 $ 72,730 $ 22,000 84,480 68,750 182,480 191,750 73,480 112,750 262,480 202,750 (71,480) (44,750) $604,170 $553,250 $36,480 150,000 214,000 203,690 $604,170 $ 49,750 200,000 164,000 139,500 $553,250 Additional information: 1. Net income for 2020 was $129,960. No gains or losses were recorded in 2020. Cash dividends of $65,770 were declared and...
César A. Martinan Prof. Arritola Managerial Test 1 - Ch. 13 - Statement of Cash Flows Multiple Choice wer the question Identify the choice that best completes the statement or 1. Which of the following concepts of cash is not appropriate to use in preparing the statement of cash flow? a cash cash and money market funds c. cash and cash equivalents d. cash and U.S. treasury bonds 2. Which of the following can be found on the statement of...
1. Use the following company information to calculate its net cash provided or used by investing activities: (a) Equipment with a book value of $125,000 and an original cost of $220,000 was sold at a gain of $22,000. (b) Paid $49,000 cash for a new truck. (c) Sold land costing $30,000 for $26,000 cash, realizing a $4.000 loss. (d) Purchased treasury stock for $53,000 cash. (e) Long-term investments in stock are sold for S41.000 cash, realizing a gain of $3,500....
QUESTION 34 Cash paid for preferred stock dividends should be shown on the statement of cash flows under investing activities financing activities noncash investing and financing activities O operating activities
P14.2A Financial Statement Prepare stockholders' equity section, and compute allocation of dividends and earnings per share. (LOL. 2) The post-closing trial balance of Storey Corporation at December 31, 2020, contains the following stockholders' equity accounts. Preferred Stock (15,000 shares issued) $750,000 Common Stock (250,000 shares issued) 2,500,000 Paid-in Capital in Excess of Par-Preferred Stock 250,000 Paid-in Capital in Excess of Par-Common Stock 400,000 Common Stock Dividends Distributable 250,000 Retained Earnings 1,042,000 A review of the accounting records reveals the following....
Most questions answered within 3 hours.
-
1- What is the freezing point of pure water (in degrees
Celsius)?
2-
he molar mass...
asked 37 minutes ago -
Determine the direction of the force that will act on the charge
in each of the...
asked 43 minutes ago -
You purchase your daily coffee at the Chemist’s Coffeehouse and
have a choice of two cups:...
asked 3 hours ago -
Which of the following pairs of chemicals could be used to make
a buffer solution?
A.)...
asked 3 hours ago -
Problem 16-51 Sales
Activity Variance (LO 16-3)Odessa, Inc., reports the following
information concerning operations for the...
asked 3 hours ago -
Pictured on the right are thee point charges Q1 = 18.4 μC, Q2 =
-30.6 μC,...
asked 3 hours ago -
A graduate student is conducting research in psychology and
needs to obtain the IQ scores of...
asked 4 hours ago -
R2.84: There are 2 defective products in a production lot of 10.
An inspector randomly selected...
asked 5 hours ago -
Consider the following equilibrium system: COCl2(g) CO(g) +
Cl2(g) A 10.00 L evacuated flask is filled...
asked 6 hours ago -
1) What are the two distinct steps that one needs to perform
when developing a data...
asked 6 hours ago -
2) Write a C++ program that uses a class called “Degree” to
obtain the trigonometric
values...
asked 7 hours ago -
1. In eukaryotic cells the genomes of
&
asked 7 hours ago