he following T-account is a summary of the cash account of Indigo Corporation. Cash (Summary Form)...
he following T-account is a summary of the cash account of
Indigo Corporation.
|
Cash (Summary Form) |
|||
| Balance, Jan. 1 |
11,200 |
||
| Receipts from customers |
509,600 |
Payments for goods |
280,000 |
| Dividends on stock investments |
8,400 |
Payments for operating expenses |
196,000 |
| Proceeds from sale of equipment |
50,400 |
Interest paid |
14,000 |
| Proceeds from issuance of | Taxes paid |
11,200 |
|
| bonds payable |
420,000 |
Dividends paid |
56,000 |
| Balance, Dec. 31 |
442,400 |
||
What amount of net cash provided (used) by financing activities
should be reported in the statement of cash flows?
(Show amounts that decrease cash flow with either a -
sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
| Net cash choose provided or
used
providedused by financing activities |
$enter a dollar amount |
Homework Answers
The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.
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he following T-account is a summary of the cash account of
Indigo Corporation.
Cash (Summary Form)...
Brief Exercise 12-03 The following T-account is a summary of the cash account of Sage Hill...
Brief Exercise 12-03 The following T-account is a summary of the cash account of Sage Hill Company. Cash (Summary Form) Balance, Jan. 1 24,000 1,092,000 Payments for goods 18,000 Payments for operating expenses 108,000 Interest paid Receipts from customers 600,000 Dividends on stock investments 420,000 Proceeds from sale of equipment 30,000 Taxes paid 24,000 Proceeds from issuance of bonds payable 900,000 Dividends paid 120,000 Balance, Dec. 31 948,000 What amount of net cash provided (used) by financing activities should be...
The following T-account is a summary of the cash account of Sage Hill Company Cash (Summary...
The following T-account is a summary of the cash account of Sage Hill Company Cash (Summary Form) Balance, Jan 1 Receipts from customers Dividends on stock investments6,400 Payments for operating expenses 130.000 Proceeds from sale of equipment 39400 Interest paid Proceeds from issuance of 8.100 330,700 Payments for soods 188,100 10.200 7,600 42,000 Taxes paid bonds payable 321.100 Dividends paid Balance, Dec 31 327 What amount of net cash provided (used) by financing activities should be reported in the statement...
The following T-account is a summary of the cash account of Sage Hill Company Cash (Summary...
The following T-account is a summary of the cash account of Sage Hill Company Cash (Summary Form) Balance, Jan 1 Receipts from customers Dividends on stock investments6,400 Payments for operating expenses 130.000 Proceeds from sale of equipment 39400 Interest paid Proceeds from issuance of 8.100 330,700 Payments for soods 188,100 10.200 7,600 42,000 Taxes paid bonds payable 321.100 Dividends paid Balance, Dec 31 327 What amount of net cash provided (used) by financing activities should be reported in the statement...
Brief Exercise 17-03 The following T-account is a summary of the Cash account of Cuellar Company....
Brief Exercise 17-03 The following T-account is a summary of the Cash account of Cuellar Company. Cash (Summary Form) Balance, Jan. 1 7,000 Receipts from customers 368,600 Payments for goods Dividends on stock investments 5,400 Payments for operating expenses Proceeds from sale of equipment 36,000 Interest paid Proceeds from issuance of Taxes paid bonds payable 499,200 Dividends paid Balance, Dec. 31 476,100 220,800 139,200 10,500 8,900 60,700 What amount of net cash provided (used) by financing activities should be reported...
Your answer is partially correct. Try again. The following T-account is a summary of the cash...
Your answer is partially correct. Try again. The following T-account is a summary of the cash account of Teal Mountain Company. Cash (Summary Form) Balance, Jan. 1 17,600 Receipts from customers 800,800 Payments for goods Dividends on stock investments 13,200 Payments for operating expenses Proceeds from sale of equipment 79,200 Interest paid Proceeds from issuance of Taxes paid bonds payable 660,000 Dividends paid Balance, Dec. 31 695,200 440,000 308,000 22,000 17,600 88,000 What amount of net cash provided (used) by...
BE 12-3: The following T-account is a summary of the Cash account of Cuellar Company. What...
BE 12-3: The following T-account is a summary of the Cash
account of Cuellar Company.
What amount of net cash provided (used) by financing activities
should be reported in the statement of cash flows?
Cash (Summary Form) Balance, Jan. 1 8,000 364,000 Payments for goods 6,000 Payments for operating expenses 36,000 Interest paid 300,000 Taxes paid Dividends paid Receipts from customers 200,000 Dividends on stock investments 140,000 Proceeds from sale of equipment 10,000 Proceeds from issuance of bonds payable 8,000...
Use the following table to answer the question: Cash paid to acquire marketable securities Proceeds from...
Use the following table to answer the question: Cash paid to acquire marketable securities Proceeds from the sale of marketable securities Proceeds from the issuance of capital stock Proceeds from the issuance of bonds payable Payments to settle short-term debt Interest and dividends received Cash received from customers Dividends paid Cash paid to suppliers and employees Interest paid Income taxes paid $370,000 17,500 280,000 55,000 32,500 10,000 1,310,000 130,000 1,030,000 25,000 70,000 EAGLES' cash flow from financing activities during 2014...
Brief Exercise 12-10 Riverbed Corp reported net cash provided by operating activities of $375,000, net cash...
Brief Exercise 12-10 Riverbed Corp reported net cash provided by operating activities of $375,000, net cash used by investing activities of $238,300, and net cash provided by financing activities of $65,100. In addition, cash spent for capital assets during the period was $210,700. No dividends were paid. Calculate free cash flow. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Free cash flow
Required information [The following information applies to the questions displayed below) The following Cash T-account shows...
Required information [The following information applies to the questions displayed below) The following Cash T-account shows the total debits and total credits to the Cash account of Thomas Corporation for the current year. $ Balance, Dec. 31, prior year Receipts from customers Receipts from dividends Receipts from land sale Receipts from machinery sale Receipts from issuing stock Receipts from borrowing Cash 182.600 8.034.400 Payments for inventory 2,812.040 Payments for wages 2.972. 728 Payments for rent 948.059 Payments for interest 2.064.841...
The following information is available for Indigo Corporation for the year ended December 31, 2022. Beginning...
The following information is available for Indigo Corporation for the year ended December 31, 2022. Beginning cash balance $ 40,800 Accounts payable increase 9,690 Depreciation expense 69,700 Accounts receivable decrease 8,160 Inventory decrease 5,270 Net income 97,240 Cash received for sale of land at book value 176,800 Cash dividends paid 64,600 Income taxes payable decrease 6,630 Cash used to purchase land 137,700 Cash used to redeem bonds 112,200 Cash received from issuing stock 272,000 Prepare a statement of cash flows...
Brief Exercise 12-03 The following T-account is a summary of the cash account of Sage Hill Company. Cash (Summary Form) Balance, Jan. 1 24,000 1,092,000 Payments for goods 18,000 Payments for operating expenses 108,000 Interest paid Receipts from customers 600,000 Dividends on stock investments 420,000 Proceeds from sale of equipment 30,000 Taxes paid 24,000 Proceeds from issuance of bonds payable 900,000 Dividends paid 120,000 Balance, Dec. 31 948,000 What amount of net cash provided (used) by financing activities should be...
The following T-account is a summary of the cash account of Sage Hill Company Cash (Summary Form) Balance, Jan 1 Receipts from customers Dividends on stock investments6,400 Payments for operating expenses 130.000 Proceeds from sale of equipment 39400 Interest paid Proceeds from issuance of 8.100 330,700 Payments for soods 188,100 10.200 7,600 42,000 Taxes paid bonds payable 321.100 Dividends paid Balance, Dec 31 327 What amount of net cash provided (used) by financing activities should be reported in the statement...
The following T-account is a summary of the cash account of Sage Hill Company Cash (Summary Form) Balance, Jan 1 Receipts from customers Dividends on stock investments6,400 Payments for operating expenses 130.000 Proceeds from sale of equipment 39400 Interest paid Proceeds from issuance of 8.100 330,700 Payments for soods 188,100 10.200 7,600 42,000 Taxes paid bonds payable 321.100 Dividends paid Balance, Dec 31 327 What amount of net cash provided (used) by financing activities should be reported in the statement...
Brief Exercise 17-03 The following T-account is a summary of the Cash account of Cuellar Company. Cash (Summary Form) Balance, Jan. 1 7,000 Receipts from customers 368,600 Payments for goods Dividends on stock investments 5,400 Payments for operating expenses Proceeds from sale of equipment 36,000 Interest paid Proceeds from issuance of Taxes paid bonds payable 499,200 Dividends paid Balance, Dec. 31 476,100 220,800 139,200 10,500 8,900 60,700 What amount of net cash provided (used) by financing activities should be reported...
Your answer is partially correct. Try again. The following T-account is a summary of the cash account of Teal Mountain Company. Cash (Summary Form) Balance, Jan. 1 17,600 Receipts from customers 800,800 Payments for goods Dividends on stock investments 13,200 Payments for operating expenses Proceeds from sale of equipment 79,200 Interest paid Proceeds from issuance of Taxes paid bonds payable 660,000 Dividends paid Balance, Dec. 31 695,200 440,000 308,000 22,000 17,600 88,000 What amount of net cash provided (used) by...
BE 12-3: The following T-account is a summary of the Cash
account of Cuellar Company.
What amount of net cash provided (used) by financing activities
should be reported in the statement of cash flows?
Cash (Summary Form) Balance, Jan. 1 8,000 364,000 Payments for goods 6,000 Payments for operating expenses 36,000 Interest paid 300,000 Taxes paid Dividends paid Receipts from customers 200,000 Dividends on stock investments 140,000 Proceeds from sale of equipment 10,000 Proceeds from issuance of bonds payable 8,000...
Use the following table to answer the question: Cash paid to acquire marketable securities Proceeds from the sale of marketable securities Proceeds from the issuance of capital stock Proceeds from the issuance of bonds payable Payments to settle short-term debt Interest and dividends received Cash received from customers Dividends paid Cash paid to suppliers and employees Interest paid Income taxes paid $370,000 17,500 280,000 55,000 32,500 10,000 1,310,000 130,000 1,030,000 25,000 70,000 EAGLES' cash flow from financing activities during 2014...
Brief Exercise 12-10 Riverbed Corp reported net cash provided by operating activities of $375,000, net cash used by investing activities of $238,300, and net cash provided by financing activities of $65,100. In addition, cash spent for capital assets during the period was $210,700. No dividends were paid. Calculate free cash flow. (Show a negative free cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Free cash flow
Required information [The following information applies to the questions displayed below) The following Cash T-account shows the total debits and total credits to the Cash account of Thomas Corporation for the current year. $ Balance, Dec. 31, prior year Receipts from customers Receipts from dividends Receipts from land sale Receipts from machinery sale Receipts from issuing stock Receipts from borrowing Cash 182.600 8.034.400 Payments for inventory 2,812.040 Payments for wages 2.972. 728 Payments for rent 948.059 Payments for interest 2.064.841...
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