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Independent Support, Inc. issued common stock for $520,000 cash. The company declared and paid cash dividends...
Net income was $474,000. Issued common stock for $79,000 cash. Paid cash dividend of $15,000. Paid...
Net income was $474,000. Issued common stock for $79,000 cash. Paid cash dividend of $15,000. Paid $100,000 cash to settle a note payable at its $100,000 maturity value. Paid $116,000 cash to acquire its treasury stock. Purchased equipment for $89,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from financing activities
a. Net income was $478,000. b. Issued common stock for $74,000 cash. c. Paid cash dividend...
a. Net income was $478,000. b. Issued common stock for $74,000 cash. c. Paid cash dividend of $15,000. d. Paid $125,000 cash to settle a note payable at its $125,000 maturity value. e. Paid $117,000 cash to acquire its treasury stock. f. Purchased equipment for $87,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from financing activities
a. Net income was $471,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend...
a. Net income was $471,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $12,000. d. Paid $110,000 cash to settle a note payable at its $110,000 maturity value. e. Paid $122,000 cash to acquire its treasury stock. f. Purchased equipment for $90,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from financing activities
a. Net income was $477,000. b. Issued common stock for $75,000 cash. c. Paid cash dividend...
a. Net income was $477,000. b. Issued common stock for $75,000 cash. c. Paid cash dividend of $11,000 d. Paid $115,000 cash to settle a note payable at its $115,000 maturity value. e. Paid $116,000 cash to acquire its treasury stock. f. Purchased equipment for $89,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities
Net income was $475,000. Issued common stock for $75,000 cash. Paid cash dividend of $12,000. Paid...
Net income was $475,000. Issued common stock for $75,000 cash. Paid cash dividend of $12,000. Paid $115,000 cash to settle a note payable at its $115,000 maturity value. Paid $116,000 cash to acquire its treasury stock. Purchased equipment for $92,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)
Net income was $476,000. Issued common stock for $73,000 cash. Paid cash dividend of $16,000. Paid...
Net income was $476,000. Issued common stock for $73,000 cash. Paid cash dividend of $16,000. Paid $125,000 cash to settle a note payable at its $125,000 maturity value. Paid $121,000 cash to acquire its treasury stock. Purchased equipment for $89,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)
a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid cash dividend of $14,600. d. Paid $50,000 c...
a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid cash dividend of $14,600. d. Paid $50,000 cash to settle a note payable at its $50,000 maturity value. e. Paid $12,000 cash to acquire its treasury stock. f. Purchased equipment for $39,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities -...
a. Net income was $467,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend...
a. Net income was $467,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $17,000. d. Paid $110,000 cash to settle a note payable at its $110,000 maturity value. e. Paid $115,000 cash to acquire its treasury stock. f. Purchased equipment for $86,000 cash. ped ook Use the above information to determine cash flows from financing activities. (Amounts t minus sign.) Hint erences Statement of Cash Flows (partial) Cash flows from financing activities < Prev 2 of...
A recent annual report for Malestrom Inc., disclosed that the company declared and paid dividends on...
A recent annual report for Malestrom Inc., disclosed that the company declared and paid dividends on common stock in the amount of $2.10 per share. During the year, Malestrom had 1,020,000,000 authorized shares of common stock and 191,400,000 issued shares. There is no treasury stock. Required: Assume Malestrom declared the entire dividend ($2.10 per share) on February 20 and subsequently paid the dividend on March 1. Prepare a journal entry to record the declaration and payment of dividends. (If no...
A recent annual report for Nordstrom Inc., disclosed that the company declared and paid dividends on...
A recent annual report for Nordstrom Inc., disclosed that the company declared and paid dividends on common stock in the amount of $1.20 per share. During the year, Nordstrom had 1,000,000,000 authorized shares of common stock and 191,200,000 issued shares. There is no treasury stock. Required: Assume Nordstrom declared the entire dividend ($1.20 per share) on February 20 and subsequently paid the dividend on March 1. Prepare a journal entry to record the declaration and payment of dividends. (If no...
a. Net income was $478,000. b. Issued common stock for $74,000 cash. c. Paid cash dividend of $15,000. d. Paid $125,000 cash to settle a note payable at its $125,000 maturity value. e. Paid $117,000 cash to acquire its treasury stock. f. Purchased equipment for $87,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from financing activities
a. Net income was $471,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $12,000. d. Paid $110,000 cash to settle a note payable at its $110,000 maturity value. e. Paid $122,000 cash to acquire its treasury stock. f. Purchased equipment for $90,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from financing activities
a. Net income was $477,000. b. Issued common stock for $75,000 cash. c. Paid cash dividend of $11,000 d. Paid $115,000 cash to settle a note payable at its $115,000 maturity value. e. Paid $116,000 cash to acquire its treasury stock. f. Purchased equipment for $89,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities
a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid cash dividend of $14,600. d. Paid $50,000 cash to settle a note payable at its $50,000 maturity value. e. Paid $12,000 cash to acquire its treasury stock. f. Purchased equipment for $39,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from financing activities -...
a. Net income was $467,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $17,000. d. Paid $110,000 cash to settle a note payable at its $110,000 maturity value. e. Paid $115,000 cash to acquire its treasury stock. f. Purchased equipment for $86,000 cash. ped ook Use the above information to determine cash flows from financing activities. (Amounts t minus sign.) Hint erences Statement of Cash Flows (partial) Cash flows from financing activities < Prev 2 of...
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