Question

Question 6 Not yet answered Marked out of 5.00 P Flag question Preparing the Cash Flow from Financing Activities Section Gomez Corp. reported the following items for the year ended December 31, 2020. Item Dec 31, 2020 Purchased an investment in debt securities (long-term) for cash $ 54,000 Sold equipment for cash, previously used in operations 45,000 Paid cash for dividends 18,000 Issued common stock for cash 180,000 Retired a 10-year bond payable by repaying the face value at maturity 144,000 Sold investment in equity securities (held for one-year) 19,800 Borrowed cash by signing a nine-month note payable 27,000 Extended a loan to a customer for a building expansion 14,400 Use a negative sign with your answer to indicate a cash outflow, if applicable. Calculate net cash from financing activities for the year ended December 31, 2020 $ Question 7 Not yet answered Marked out of 5.00 P Flag question Performing a Vertical and Horizontal Analysis Complete a vertical analysis of the following income statement from Gomez Corporation. answers,
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Answer 1

Gomez comp. CASH FLOW STAIGMENT cash flow from Financing Activities $ Cash Recipt from. Issued Common stocle for cash 180000 2700 Borrowed cash by synny a month note ( page cash paid for paid cash for dividents I to your brod by repaying To Noche (18000) (1440002 Retiring Net cash from Chinancing activities $ 45000 Cashhrow from Anancing activities for year ended December 31 2020 45000