Which of the following is an investing activity? Sale of land for cash Repayment of external...
Which of the following is an investing activity?
Sale of land for cash
Repayment of external borrowings
Dividends paid
Sale of merchandise for cash
Homework Answers
Investing activities are activities which are not normal revenue generating activities of a business
A)
Sale of land is investing activity as land is an investment. So, option A is the correct option
B)
Repayment of external borrowings is a financing activity as external borrowing is a source of finance for a business and so option B is not correct
C)
Payment of dividend is a financing activity as dividends are paid to shareholders who are a source of finance for a business. So, option C is also not correct
D)
Sale of merchandize for cash is an operating activity as merchandize is a part of operating activities of a business. So, option D is also not correct
So, as per above discussion, option A is the correct option
Add Answer to:
Which of the following is an investing activity?
Sale of land for cash
Repayment of external...
Which of the following is reported as an investing activity in the statement of cash flows?...
Which of the following is reported as an investing activity in the statement of cash flows? Multiple Choice The receipt of dividend revenue. The payment of cash dividends. The sale of machinery. The payment of interest on bonds. A firm reported salaries expense of $244,000 for the current year. The beginning and ending balances in salaries payable were $42,000 and $12,000, respectively. What was the amount of cash paid for salaries? Multiple Choice $244,000. $274,000. $298,000. $214,000. Cash flows from...
Which of the following is a noncash investing and financing activity? payment of a cash dividend...
Which of the following is a noncash investing and financing activity? payment of a cash dividend payment of a six-month note payable purchase of merchandise inventory on account d i nce of common stock to acquire Land 10. A company purchases equipement for $32,000 cash. This transaction should be shown on the statement of cash flows under a investing activities h financing activities C oncach investing and financing activities d. operating activities 11. Cash flow per share is a required...
Keynes Corp. had the following cash transactions during 2020. Proceeds from sale of land: $312,000 Proceeds...
Keynes Corp. had the following cash transactions during 2020. Proceeds from sale of land: $312,000 Proceeds from long-term borrowings: $260,000 Purchases of plant assets: $215,000 Purchases of inventories: $458,000 Proceeds from sale of Keynes common stock: $1,200,000 The land that was sold had an original cost to Keynes of $189,000. Determine net cash provided (used) by investing activities for Keynes for 2020.
What information is found in the investing section of cash budget? Sale of merchandise for cash...
What information is found in the investing section of cash budget? Sale of merchandise for cash Purchase of supplies both on account and for cash Purchase of land Increase in the amount of petty cash on hand
Letters A-K all have the answer options of FINANCING ACTIVITY, INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING...
Letters A-K all have the answer options of FINANCING ACTIVITY,
INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING ACTIVITY, or
OPERATING ACTIVITY, as shown in the picture. All other information
is provided. thank you!
-X More Info Date Accounts and Explanation Debit Credit Cash 72,000 а. Common Stock 72,000 Treasury Stock b. 16,500 Cash 16,500 Cash 88,000 C. Sales Revenue 88,000 Land d. 103,000 Cash 103,000 Depreciation Expense-Equipment 6,800 e. Accumulated Depreciation-Equipment 6,800 Dividends Payable 19,500 f. Cash 19,500 22,000 Land g....
Land costing $140,000 was sold for $173,000 cash. The gain on the sale was reported on...
Land costing $140,000 was sold for $173,000 cash. The gain on the sale was reported on the income statement as other income. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land?
P 10-2 Cash Flows Classification Operating Investing Financing Effect on Cash Activity Activity Activity Increase Decrease...
P 10-2 Cash Flows Classification Operating Investing Financing Effect on Cash Activity Activity Activity Increase Decrease Data a. Net income b. Paid cash dividend c. Increase in receivables d. Retirement of debt-paying cash Purchase of treasury stock Purchase of equipment e. f. Cash Flows Classification Operating Investing Financing Noncash Effect on Cash Trans- Decrease actions Data Activity Activity Activity Increase Sale of equipment Decrease in inventory Acquisition of land, using common stock Retired bonds, using common stock Decrease in accounts...
Question 1 Which of the following represents an investing activity in the statement of cash flows?...
Question 1 Which of the following represents an investing activity in the statement of cash flows? Stock dividend Sale of plant assets at a loss Depreciation of plant assets Purchase of inventory
Land costing $68,000 was sold for $94,100 cash. The gain on the sale was reported on...
Land costing $68,000 was sold for $94,100 cash. The gain on the sale was reported on the income statement as other revenue. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? a. $26,100 Ob. $68,000 c. $94,100 Od. $162,100
Land costing $80,000 was sold for $94,600 cash. The gain on the sale was reported on...
Land costing $80,000 was sold for $94,600 cash. The gain on the sale was reported on the income statement as other revenue. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? a.$94,600 b.$174,600 c.$80,000 d.$14,600
Which of the following is a noncash investing and financing activity? payment of a cash dividend payment of a six-month note payable purchase of merchandise inventory on account d i nce of common stock to acquire Land 10. A company purchases equipement for $32,000 cash. This transaction should be shown on the statement of cash flows under a investing activities h financing activities C oncach investing and financing activities d. operating activities 11. Cash flow per share is a required...
Letters A-K all have the answer options of FINANCING ACTIVITY,
INVESTING ACTIVITY, NON-CASH INVESTING AND FINANCING ACTIVITY, or
OPERATING ACTIVITY, as shown in the picture. All other information
is provided. thank you!
-X More Info Date Accounts and Explanation Debit Credit Cash 72,000 а. Common Stock 72,000 Treasury Stock b. 16,500 Cash 16,500 Cash 88,000 C. Sales Revenue 88,000 Land d. 103,000 Cash 103,000 Depreciation Expense-Equipment 6,800 e. Accumulated Depreciation-Equipment 6,800 Dividends Payable 19,500 f. Cash 19,500 22,000 Land g....
P 10-2 Cash Flows Classification Operating Investing Financing Effect on Cash Activity Activity Activity Increase Decrease Data a. Net income b. Paid cash dividend c. Increase in receivables d. Retirement of debt-paying cash Purchase of treasury stock Purchase of equipment e. f. Cash Flows Classification Operating Investing Financing Noncash Effect on Cash Trans- Decrease actions Data Activity Activity Activity Increase Sale of equipment Decrease in inventory Acquisition of land, using common stock Retired bonds, using common stock Decrease in accounts...
Question 1 Which of the following represents an investing activity in the statement of cash flows? Stock dividend Sale of plant assets at a loss Depreciation of plant assets Purchase of inventory
Land costing $68,000 was sold for $94,100 cash. The gain on the sale was reported on the income statement as other revenue. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? a. $26,100 Ob. $68,000 c. $94,100 Od. $162,100
Most questions answered within 3 hours.
-
In the following reaction, which element is undergoing
oxidation: Na2SO3 + N2O --> N2 + Na2SO4...
asked 7 minutes ago -
Which of the following pairs of ions have the same electron
configuration?
I: Br− and Se2−...
asked 2 hours ago -
The Foremost Composite Materials Company is planning a two-day
sales conference for October 19-20. The conference...
asked 3 hours ago -
3) Illustrate the observed pattern of relatedness of organisms
versus adaptations to specific conditions. This means...
asked 3 hours ago -
In winter a lake has a 0.35 m thick ice layer over 1.10 m of
water....
asked 4 hours ago -
Assuming the following has been encrypted with a Vigenere cipher
below, use the method(s) and assumptions...
asked 4 hours ago -
How would I use switch statements to write a program that will
take an input of...
asked 4 hours ago -
Imagine a reaction in which methane gas combusts at a constant
pressure of 1 atm and...
asked 4 hours ago -
Two parallel wires (each 12 m in length) are separated by a
distance of 0.065 m...
asked 4 hours ago -
Suppose there were three masses at the corner of uniform
equilateral triangle. The masses are m1...
asked 4 hours ago -
Situation: A building that is 618 m above the ground floor. How
many times would a...
asked 4 hours ago -
help me and discuss one successful and one
unsuccessful international company/busines in Indonesia.whyit
succeed and why...
asked 4 hours ago