Homework Answers
43) D) ($140)
Proceeds from Sale of equipment - $ 40
Purchase of Equipment - $ (159) ($520-$6-$673)
44)B) $ 1,000
Change in Cash balance (12,000)+19,000 = $ 7000
Net cash generated from Operating and Financing activity $ 6,000
So, from investment activity its $7,000 - $6,000 = $ 1,000
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Beginning Balance upts 3) Autry Corporation's balance sheet and income statement appear below. Ending Balance Comparative...
43) Autry Corporation's balance sheet and income statement appear below Comparative Balance Sheet Ending Balance Begining...
43) Autry Corporation's balance sheet and income statement appear below Comparative Balance Sheet Ending Balance Begining Balance 33 $ 26 67 154 673 199 315 358 $ $12 520 293 227 $ 386 Assets Current assets Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities...
Marbry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance...
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Marbry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance...
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Illies Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current...
Illies Corporation's comparative balance sheet appears below: Comparative Balance Sheet Ending Balance Beginning Balance Assets: Current assets: Cash and cash equivalents $ 55,000 $ 48,000 Accounts receivable 34,000 37,500 Inventory 82,000 85,500 Total current assets 171,000 171,000 Property, plant, and equipment 403,000 369,000 Less accumulated depreciation 186,000 147,000 Net property, plant, and equipment 217,000 222,000 Total assets $ 388,000 $ 393,000 Liabilities and stockholders' equity: Current liabilities: Accounts payable $ 33,000 $ 35,500 Accrued liabilities 69,000 75,500 Income taxes payable...
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TB MC Qu. 13-61 Autry Corporation's balance sheet... Autry Corporation's balance sheet and income statement appear below: Comparative Balance Sheet Ending Beginning Balance Balance $ 29 62 41 132 482 217 265 $397 $ 30 61 39 130 450 250 200 $330 Assets: Current assets: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and stockholders' equity: Current liabilities: Accounts payable Accrued liabilities Income...
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