Homework Answers
| Cash flow from financing activities | |
| Issue Common Stock | 250000 |
| Repaid note payable | -235000 |
| Dividend paid | -27000 |
| Net cash used in financing activities | -12000 |
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14) CSI Fashion Market had the following transactions during 2020: 1. Issued $250,000 of par value common stock for...
CSI Fashion Market had the following transactions during 2020: 1. Issued $250, 000 of par value...
CSI Fashion Market had the following transactions during 2020: 1. Issued $250, 000 of par value common stock for cash. 2. Repaid a 5 year note payable in the amount of $235,000. 3. Acquired Equipment by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $27,000. 5. Sold a long-term investment (cost $13,000) for cash of $6,000. 6. Acquired an investment in Wagner stock for cash of $10,000. What is the net cash provided...
Pace Tech Market had the following transactions during 2020: 1.Issued $50,000 of par value common stock...
Pace Tech Market had the following transactions during 2020: 1.Issued $50,000 of par value common stock for cash. 2.Repaid a 6 year note payable in the amount of $22,000. 3.Acquired land by issuing common stock of par value $100,000. 4.Declared and paid a cash dividend of $2,000. 5.Sold a long-term investment (cost $53,000) for cash of $82,000. 6.Acquired an investment in PwC stock for cash of $55,000. What is the net cash provided (used) by investing activities? a.$15,000 b.$33,000 c.$27,000...
15) Pace Tech Market had the following transactions during 2020: 1. Issued $50,000 of par value...
15) Pace Tech Market had the following transactions during 2020: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $100,000. 4. Declared and paid a cash dividend of $2,000. 5. Sold a long-term investment (cost $53,000) for cash of $82,000. 6. Acquired an investment in PwC stock for cash of $55,000. What is the net cash provided...
Question 1 3 pts Jean's Vegetable Market had the following transactions during 2019: 1. Issued $50,000...
Question 1 3 pts Jean's Vegetable Market had the following transactions during 2019: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $7,000. 5. Sold a long-term investment (cost $3,000) for cash of $6,000. 6. Acquired an investment in IBM stock for cash of $10,000. What is the...
Bramble's Vegetable Market had the following transactions during 2017: 1. Issued $45000 of par value common...
Bramble's Vegetable Market had the following transactions during 2017: 1. Issued $45000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $17000. 3. Acquired land by issuing common stock of par value $45000. 4. Declared and paid a cash dividend of $7100. 5. Sold a long-term investment (cost $3000) for cash of $5500. 6. Acquired an investment in IBM stock for cash of $9700. What is the net cash provided by...
Bonita’s Vegetable Market had the following transactions during 2016: 1. Issued $53000 of par value common...
Bonita’s Vegetable Market had the following transactions during 2016: 1. Issued $53000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23000. 3. Acquired land by issuing common stock of par value $53000. 4. Declared and paid a cash dividend of $6900. 5. Sold a long-term investment (cost $3500) for cash of $5500. 6. Acquired an investment in IBM stock for cash of $10500. What is the net cash provided by...
Marigold Corp. had the following transactions during 2022: 1. Issued $182500 of par value common stock...
Marigold Corp. had the following transactions during 2022: 1. Issued $182500 of par value common stock for cash. 2. Recorded and paid wages expense of $87600. 3. Acquired land by issuing common stock of par value $73000. 4. Declared and paid a cash dividend of $14600. 5. Sold a long-term investment (cost $4380) for cash of $4380. 6. Recorded cash sales of $584000. 7. Bought inventory for cash of $233600. 8. Acquired an investment in Zynga stock for cash of...
Metlock, Inc. had the following transactions during 2017: 1. Issued $227500 of par value common stock...
Metlock, Inc. had the following transactions during 2017: 1. Issued $227500 of par value common stock for cash. 2. Recorded and paid wages expense of $109200. 3. Acquired land by issuing common stock of par value $91000. 4. Declared and paid a cash dividend of $18200. 5. Sold a long-term investment (cost $5460) for cash of $5460. 6. Recorded cash sales of $728000. 7. Bought inventory for cash of $291200. 8. Acquired an investment in Zynga stock for cash of...
Sheffield’s Vegetable Market had the following transactions during 2016: 1. Issued $49000 of par value common...
Sheffield’s Vegetable Market had the following transactions during 2016: 1. Issued $49000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23300. 3. Acquired land by issuing common stock of par value $104000. 4. Declared and paid a cash dividend of $2400. 5. Sold a long-term investment (cost $2600) for cash of $8100. 6. Acquired an investment in IBM stock for cash of $14500. What is the net cash provided (used)...
Question 7 Crane's Vegetable Market had the following transactions during 2019: 1. Issued $55000 of par...
Question 7 Crane's Vegetable Market had the following transactions during 2019: 1. Issued $55000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23000. 3. Acquired land by issuing common stock of par value $55000.. 4. Declared and paid a cash dividend of $7200. 5. Sold a long-term investment (cost $3500) for cash of $5800. 6. Acquired an investment in IBM stock for cash of $10400. What is the net cash...
CSI Fashion Market had the following transactions during 2020: 1. Issued $250, 000 of par value common stock for cash. 2. Repaid a 5 year note payable in the amount of $235,000. 3. Acquired Equipment by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $27,000. 5. Sold a long-term investment (cost $13,000) for cash of $6,000. 6. Acquired an investment in Wagner stock for cash of $10,000. What is the net cash provided...
15) Pace Tech Market had the following transactions during 2020: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $100,000. 4. Declared and paid a cash dividend of $2,000. 5. Sold a long-term investment (cost $53,000) for cash of $82,000. 6. Acquired an investment in PwC stock for cash of $55,000. What is the net cash provided...
Question 1 3 pts Jean's Vegetable Market had the following transactions during 2019: 1. Issued $50,000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $22,000. 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $7,000. 5. Sold a long-term investment (cost $3,000) for cash of $6,000. 6. Acquired an investment in IBM stock for cash of $10,000. What is the...
Bramble's Vegetable Market had the following transactions during 2017: 1. Issued $45000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $17000. 3. Acquired land by issuing common stock of par value $45000. 4. Declared and paid a cash dividend of $7100. 5. Sold a long-term investment (cost $3000) for cash of $5500. 6. Acquired an investment in IBM stock for cash of $9700. What is the net cash provided by...
Marigold Corp. had the following transactions during 2022: 1. Issued $182500 of par value common stock for cash. 2. Recorded and paid wages expense of $87600. 3. Acquired land by issuing common stock of par value $73000. 4. Declared and paid a cash dividend of $14600. 5. Sold a long-term investment (cost $4380) for cash of $4380. 6. Recorded cash sales of $584000. 7. Bought inventory for cash of $233600. 8. Acquired an investment in Zynga stock for cash of...
Question 7 Crane's Vegetable Market had the following transactions during 2019: 1. Issued $55000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23000. 3. Acquired land by issuing common stock of par value $55000.. 4. Declared and paid a cash dividend of $7200. 5. Sold a long-term investment (cost $3500) for cash of $5800. 6. Acquired an investment in IBM stock for cash of $10400. What is the net cash...
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