Roberts Company sold equipment for $240,000, purchased a building for $6,450,000, sold short-term investments for $270,000,...
Roberts Company sold equipment for $240,000, purchased a building for $6,450,000, sold short-term investments for $270,000, repaid principal on a note payable for $2,250,000 plus $220,000 of interest, and paid cash dividends of $31,000.
What was the net cash flow from financing activities?
Multiple Choice:
-
$2,281,000 outflow.
-
$2,501,000 outflow.
-
$2,250,000 outflow.
-
$2,470,000 outflow.
Homework Answers
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Roberts Company sold equipment for $240,000, purchased a
building for $6,450,000, sold short-term investments for $270,000,...
During the year, Roberts Company sold equipment with a book value of $140,000 for $190,000 (original...
During the year, Roberts Company sold equipment with a book value of $140,000 for $190,000 (original purchase cost of $240,000). New equipment was purchased. Roberts provided the following comparative balance sheets: Roberts Company Comparative Balance Sheets At December 31, 20X1 and 20X2 20X1 20X2 Long-Term Assets: Plant and equipment $1,100,000 $1,075,000 Accumulated depreciation (600,000) (635,000) Land 500,000 718,750 Required: Calculate the investing cash flows for the current year. Use a minus sign to indicate a cash outflow.
Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issue...
Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds for $100,000. Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable. Fill out the Investing and Financing Section of A Company's cash flow statement. A Company Cash Flow Statement Cash Flow from Investing Activities [ Select] [ Select] [Select] [ Select] Net Cash...
1. Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new...
1. Below is activity for A Company during the year.
Sold Equipment for $65,000.
Purchased new Equipment for $140,000
Issued bonds for $100,000.
Paid $20,000 in dividends to common stockholders.
Received $200,000 when the company had a seasoned equity
offering (sold common stock).
Paid back a $300,000 Note Payable.
Fill out the Investing and Financing Section of A Company's cash
flow statement.
Cash Flow Statement ASU Cash Flow from Investing Activities Sale of Equipment V [Select] Purchase of new Equipment...
Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment...
Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds for $100,000. Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable. Fill out the Investing and Financing Section of A Company's cash flow statement. A Company Cash Flow Statement Cash Flow from Investing Activities ...
QS 16-10 Computing cash flows from financing LO P3 Additional short-term borrowings Purchase of short-term investments...
QS 16-10 Computing cash flows from financing LO P3 Additional short-term borrowings Purchase of short-term investments Cash dividends paid Interest paid $ 77,000 19,300 61,800 30,900 DOR Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indi a minus sign.) Financing Activities $ < Prey 7 of 14 !!! Next >
Question 5 2 pt Below is activity for A Company during the year. Sold Equipment for...
Question 5 2 pt Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds for $100,000. Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable. Fill out the Investing and Financing Section of A Company's cash flow statement. A Company Cash Flow Statement Cash Flow from Investing Activities Galart Select 1 ASUH A...
Short term investments sold is not 57.98 I am stuck on that one Wildcat, Inc., has...
Short term investments sold is not 57.98 I am stuck on that
one
Wildcat, Inc., has estimated sales (in millions) for the next four quarters as follows: Sales Q1 $120 Q2 $140 Q3 $160 Q4 $190 Sales for the first quarter of the year after this one are projected at $135 million. Accounts receivable at the beginning of the year were $53 million. Wildcat has a 45-day collection period. Wildcat's purchases from suppliers in a quarter are equal to 40...
Additional information: 1. Long-term investments were purchased during the year; none were sold. 2. Equipment was...
Additional information:
1.
Long-term investments were purchased during the year; none were
sold.
2.
Equipment was purchased during the year. In addition, equipment
with a cost of $160 and a carrying amount of $40 was sold at a gain
of $10.
Prepare the investing activities section of Blossom’s statement of
cash flows for the year. (Show amounts that decrease
cash flow with either a - sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
Question 5 View Policies Current Attempt in...
The Pioneer Company has provided the following account balances: Cash S38,000 Short-term investments $4.000; Accounts receivable...
The Pioneer Company has provided the following account balances: Cash S38,000 Short-term investments $4.000; Accounts receivable $48,000; Supplies S6,000: Long-term notes receivable $2.000; Equipment $96,000; Factory Building $180,000: Intangible assets $6,000; Accounts payable $30,000; Accrued expenses $4,000; Short-term notes payable $14,000; Long-term notes payable $92,000; Common stock $80,000; Additional Paid-in Capital $100,000; Retained earnings $60,000. What is Pioneer's total paid-in capital? S180,000 $240,000. $80,000. $100,000
The comparative balance sheets for Hinckley Corporation show the following information. Cash Accounts receivable Inventory Investments...
The comparative balance sheets for Hinckley Corporation show the following information. Cash Accounts receivable Inventory Investments Buildings Equipment Patents December 31 2014 2013 $39,610 $14,200 18,460 11,900 17,110 9,750 -0 3,760 -O- 30,380 51,050 22,500 5,440 $131,670 $99,160 6,670 Allowance for doubtful accounts Accumulated depreciation equipment Accumulated depreciation-building Accounts payable Dividends payable Notes payable, short-term (nontrade) Long-term notes payable Common stock Retained earnings $3,170 2,410 -0- 5,440 -0- 2,940 32,860 43,230 41,620 $131,670 $5,290 5,220 6,480 3,760 4,030 3,950 25,850...
Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds for $100,000. Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable. Fill out the Investing and Financing Section of A Company's cash flow statement. A Company Cash Flow Statement Cash Flow from Investing Activities [ Select] [ Select] [Select] [ Select] Net Cash...
1. Below is activity for A Company during the year.
Sold Equipment for $65,000.
Purchased new Equipment for $140,000
Issued bonds for $100,000.
Paid $20,000 in dividends to common stockholders.
Received $200,000 when the company had a seasoned equity
offering (sold common stock).
Paid back a $300,000 Note Payable.
Fill out the Investing and Financing Section of A Company's cash
flow statement.
Cash Flow Statement ASU Cash Flow from Investing Activities Sale of Equipment V [Select] Purchase of new Equipment...
QS 16-10 Computing cash flows from financing LO P3 Additional short-term borrowings Purchase of short-term investments Cash dividends paid Interest paid $ 77,000 19,300 61,800 30,900 DOR Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indi a minus sign.) Financing Activities $ < Prey 7 of 14 !!! Next >
Question 5 2 pt Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds for $100,000. Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable. Fill out the Investing and Financing Section of A Company's cash flow statement. A Company Cash Flow Statement Cash Flow from Investing Activities Galart Select 1 ASUH A...
Short term investments sold is not 57.98 I am stuck on that
one
Wildcat, Inc., has estimated sales (in millions) for the next four quarters as follows: Sales Q1 $120 Q2 $140 Q3 $160 Q4 $190 Sales for the first quarter of the year after this one are projected at $135 million. Accounts receivable at the beginning of the year were $53 million. Wildcat has a 45-day collection period. Wildcat's purchases from suppliers in a quarter are equal to 40...
Additional information:
1.
Long-term investments were purchased during the year; none were
sold.
2.
Equipment was purchased during the year. In addition, equipment
with a cost of $160 and a carrying amount of $40 was sold at a gain
of $10.
Prepare the investing activities section of Blossom’s statement of
cash flows for the year. (Show amounts that decrease
cash flow with either a - sign e.g. -15,000 or in parenthesis e.g.
(15,000).)
Question 5 View Policies Current Attempt in...
The Pioneer Company has provided the following account balances: Cash S38,000 Short-term investments $4.000; Accounts receivable $48,000; Supplies S6,000: Long-term notes receivable $2.000; Equipment $96,000; Factory Building $180,000: Intangible assets $6,000; Accounts payable $30,000; Accrued expenses $4,000; Short-term notes payable $14,000; Long-term notes payable $92,000; Common stock $80,000; Additional Paid-in Capital $100,000; Retained earnings $60,000. What is Pioneer's total paid-in capital? S180,000 $240,000. $80,000. $100,000
The comparative balance sheets for Hinckley Corporation show the following information. Cash Accounts receivable Inventory Investments Buildings Equipment Patents December 31 2014 2013 $39,610 $14,200 18,460 11,900 17,110 9,750 -0 3,760 -O- 30,380 51,050 22,500 5,440 $131,670 $99,160 6,670 Allowance for doubtful accounts Accumulated depreciation equipment Accumulated depreciation-building Accounts payable Dividends payable Notes payable, short-term (nontrade) Long-term notes payable Common stock Retained earnings $3,170 2,410 -0- 5,440 -0- 2,940 32,860 43,230 41,620 $131,670 $5,290 5,220 6,480 3,760 4,030 3,950 25,850...
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