Question

Daniel Corp. transactions for the year ended 2019 included the following: [20] Treasury Stock Purchased: 154,000 Loans made t

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Investing activities is the second section of the statement of cash flows. It reports the purchase and sale of long terms assets and investments taken place during the financial period.

Cash flows from investing activities for 2019

= Proceeds from sale of equipment

= 53,000

Add a comment
Know the answer?
Add Answer to:
Daniel Corp. transactions for the year ended 2019 included the following: [20] Treasury Stock Purchased: 154,000...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Gyan Corp. transactions for the year ended 2019 included the following: [52] Sale of Gyan Corp.s...

    Gyan Corp. transactions for the year ended 2019 included the following: [52] Sale of Gyan Corp.s common stock: 250,000 Proceeds from Sale of Land:: 162,000 Proceeds from Long-Term Borrowing:: 405,000 Plant Assets Purchased:: 149,000 Inventories Increase : 685,000 Sale of Peralta Inc.'s common stock:: 120,000 Dividends Paid: 51.000 Proceeds from sale of Treasury Notes:: 37,000 Gyan Corp.'s cash flow from financing for 2019 is [Enter only numbers and minus sign if needed; no commas or $signs or BracketsX should be...

  • Peavy Corp.'s transactions for the year ended December 31, 2018 included the following: • Acquired 50%...

    Peavy Corp.'s transactions for the year ended December 31, 2018 included the following: • Acquired 50% of Gant Corp.'s common stock for $300,000 cash which was borrowed from a bank. • Issued 5,000 shares of its preferred stock for land having a fair value of $480,000. • Issued 600 of its 11% debenture bonds, due 2023, for $588,000 cash. • Purchased a patent for $330,000 cash. • Paid $180,000 toward a bank loan. • Sold available-for-sale securities for $1,194,000. •...

  • TheNichols Corp. had the following treasury stock transactions. 1-Sep The company purchased 1,000 shares of its...

    TheNichols Corp. had the following treasury stock transactions. 1-Sep The company purchased 1,000 shares of its common stock for $40 per share for the treasury.   1-Oct 400 of the treasury shares were sold for $42 per share. 1-Nov 300 treasury shares were sold at $35 per share. Prepare the necessary journal entries for the above transactions. The following accounts appear in the ledger of Holiday Company at December 31, 2019. Common Stock, $1 stated value, 100,000 shares authorized, 30,000 shares...

  • The financial statements of Pouchie Co. included the following information for the year ended December 31,...

    The financial statements of Pouchie Co. included the following information for the year ended December 31, 2019 (amounts in millions) $258 318 816 378 143 171 Depreciation and amortization expense Cash dividends declared and paid Purchase of equipment Net income Beginning cash balance Proceeds of common stock issued Proceeds from sale of building (at book value) Accounts receivable increase Ending cash balance Inventory decrease Accounts payable increase Required: Complete the following statement of cash flows, using the indirect method. (Amounts...

  • The financial statements of Pouchie Co. included the following information for the year ended December 31,...

    The financial statements of Pouchie Co. included the following information for the year ended December 31, 2019 (amounts in millions): $ 130 165 410 S Depreciation and amortization expense Cash dividends declared and paid Purchase of equipment Net income Beginning cash balance Proceeds of conmon stock issued Proceeds from sale of building (at book value) Accounts receivable increase Ending cash balance Inventory decrease Accounts payable increase 192 60 74 106 8 20 19 22 Required: Complete the following statement of...

  • The financial statements of Pouchie Co. included the following information for the year ended December 31,...

    The financial statements of Pouchie Co. included the following information for the year ended December 31, 2019 (amounts in millions): Depreciation and amortization expense $ 130 Cash dividends declared and paid 165 Purchase of equipment 410 Net income 192 Beginning cash balance 60 Proceeds of common stock issued 74 Proceeds from sale of building (at book value) 106 Accounts receivable increase 8 Ending cash balance 20 Inventory decrease 19 Accounts payable increase 22 Required: Complete the following statement of cash...

  • included in Appetit LO13-1, LO13-2, LO13-4 EXERCISE 13.15 Home Depot, Inc. Using a Statement of Cash...

    included in Appetit LO13-1, LO13-2, LO13-4 EXERCISE 13.15 Home Depot, Inc. Using a Statement of Cash Flows Statements of cash flow for Home Depot, Inc., for 2013, 2014, and 2013 are include of this text. a. Focus on the information for 2015 (year ending January 31, 2010). How does compare with net cash provided by or used in operations, and what accounts for the difference between the two amounts? does not eating unts for the per the major uses of...

  • Questions: What was the $value of gross trade receivables for 2019 and 2018? What was the...

    Questions: What was the $value of gross trade receivables for 2019 and 2018? What was the receivables turnover for 2019? Compute the changes in cash, cash equivalents and receivables from 2018 to 2019. Please indicate the sheet the answer same from than you so much. THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (In millions except per share data) 2019 2018 2017 S 37,266 14,619 22,647 12,103 34,300 $ 13,067 21,233 11,002 1,079 9,152 689 950 36,212 13,721 22,491...

  • For the year ended December 31, 2016, Tootsie Roll Industries reported net earmings of $67,319 th...

    ANSWER THE QUESTIONS IN THE PHOTO BELOW For the year ended December 31, 2016, Tootsie Roll Industries reported net earmings of $67,319 thousand, yet it included $67,510 thousand in retained earnings 1. Explain what the difference represents. 2. When reviewing the financial statements explain how the four financial statements are linked together. Explain by using numbers found on these reports dated 12/31/16 Five Year Summary of Earnings and Financial Highlights (Thousands of dollars except per share, percentage and ratio figures)...

  • Use Wal-Mart's financial statements to compute the following ratios (20-31) for the year ended January 31,...

    Use Wal-Mart's financial statements to compute the following ratios (20-31) for the year ended January 31, 2013. 20. Current ratio А. 83 В. .97 C 65 D. 50 21. Acid-test (quick) ratio A. .10 В. .15 С. 20 D. 25 22. Accounts receivable turnover A. 65.10 times B. 69.90 times C. 73.85 times D. 78.93 times 23. Inventory turnover A. 5.45 times B. 6.87 times C. 7.16 times D. 8.34 times 24. Profit margin A. 2.75% B. 3.62% C. 4.18%...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT