Question 5 2 pt Below is activity for A Company during the year. Sold Equipment for...
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 ...
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 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...
The first image is the original question, the rest are the answer choices for each box. Question 5 2 pts 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...
21. A company purchases a $300,000 building, paying $200,000 in cash and signing a $100,000 promissory note. What will be reported on the statement of cash flows as a result of this transaction? A) A $300,000 cash outflow for investing activities. B) A $200,000 cash outflow for investing activities and a $100,000 cash inflow is recorded for financing activities. C) A $200,000 cash outflow for investing activities. D) A $300,000 cash outflow for investing activities and a $100,000 cash inflow...
. Flow Company has provided the following information for the year ended December 31, 2019: Cash paid for interest, $24,000 Cash paid for dividends, $6,800 Cash dividends received, $4,800 Cash proceeds from bank loan $37,000 Cash purchase of treasury stock, $15,000 Cash paid for equipment purchase, $31.000 Cash received from issuance of common stock, $41,000 Cash received from sale of land with a $36,000 book value, $28,200 Acquisition of land costing $55,000 in exchange for preferred stock issuance. Payment of...
2.Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1) issued stock for $46,000 2) borrowed $28,000 from its bank 3) provided consulting services for $44,000 cash 4) paid back $18,000 of the bank loan 5) paid rent expense for $10,500 6) purchased equipment for $15,000 cash 7) paid $3,300 dividends to stockholders 8) paid employees' salaries of $24,000 What is Yowell's net cash flow from operating activities? Multiple...
Equipment with a book value of $ 8000 is sold for $ 3000 cash . the statement of cash flows will report a: A. $5000 cash outflow in the financing activities section B. $3000 cash inflow in the operating activities section C. $5000 cash outflow in the operating activities section D. $3000 cash inflow in the investing activities section.
Match the section of the Cash Flow Statement with the activity it represents. Cash Flow from Operating Activities [Choose] [Choose] Day to day business operations Purchase and sale of long-term assets Activities to raise cash and pay back creditors and pay stockholders dividends Cash Flow from Investing Activities Cash Flow from Financing Activities [Choose) Determine how each activity is categorized and whether it is an inflow or outflow of cash. The sale of bonds (Select] [Select] [Select] Outflow Inflow The...
The following transactions apply to Bobs Scuba Sales for 2018: The business was started when the company received $48,500 from the issue of common stock. Purchased equipment inventory of $176,000 on the account. Sold equipment for $202,500 cash (not including sales tax). A sales tax of 7 percent is collected when the merchandise is sold. The merchandise had a cost of $127,500. Provided a six-month warranty on the equipment sold. Based on industry estimates, the warranty claims would amount to...