4. TSE company sells an old piece of equipment for $15,000 cash. At the same moment, it buys a new truck for $25,000. It paid also $2000 as dividends to its shareholders. The cash flow from investing activities for this company is: * $ $ 20,000 $ -10,000 $ -62,000 O $ -30,000 None of the above

4. TSE company sells an old piece of equipment for $15,000 cash. At the same moment, it buys a new truck for $25,000. It paid also $2000 as dividends to its shareholders. The cash flow from investing activities for this company is: * $ $ 20,000 $ -10,000 $ -62,000 O $ -30,000 None of the above

Name: 4. TSE company sells an old piece ofequipment for $15,000 cash. At th
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: 4. TSE company sells an old piece ofequipment for $15,000 cash. At thesame moment, it buys a new truckfor $25,000. It paid also $2000 asdividends to its shareholders. Thecash flow from investing activities forthis company is: *$ 20,000$ -10,000$ -62

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

See similar textbooks

Similar questions

A company had the following cash flow activities during the year: Cash Inflows Cash OutflowsIssue common stock $75,000 Purchase equipment $180,000Sell inventory to customers 86,000 Purchase inventory 38,000Issue notes payable 53,000 Purchase treasury stock 40,000Sell land 98,000 Repay notes payable 30,000Earn interest on investments 2,000 Pay salaries 39,000Sell patent 61,000 Pay dividends 15,000Required:Calculate net cash flows from (a) operating activities, (b) investing activities, and (c) financing activities. (d) Assuming the balance of cash at the beginning of the year is $53,000, calculate the ending balance of cash. How would your answers change if the common stock was issued for $80,000 and the equipment was purchased for $170,000?
Looking forward to next year, if Baldwin's current cash balance is $20,926,712 and Cash Flows From Operations next period are unchanged from this period, which of the following activities will expose Baldwin to the most risk of needing an emergency loan? Issues 10,000 shares of stock at the current stock price Purchases assets at a cost of $25,000,000 Sells $10,000,000 of their Long-Term Assets Retires $10,000,000 in Long-Term Debt
Use the information below (in millions) to determine net cash inflows (outflows) from investing activities. Cash received from: Customers $ 2,550 Interest on investments 250 Sale of land 150 Sale of Rowdy's common stock 700 Issuance of debt securities 2,500 Cash paid for: Interest on debt $ 350 Income tax 130 Debt principal reduction 2,000 Purchase of equipment 5,000 Purchase of inventory 1,500 Dividends on common stock 350 Operating expenses 600
Saved Help Creative Sound Systems sold investments, land, and its own common stock for $34 million, $14.6 million, and $39.2 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $20.6 million, $24.6 million, and $11.6 million, respectively. What amount should the company report as net cash flows from investing activities? (List cash outflows and any decrease in cash as negative amounts. Enter your answer in millions. (I.e., $10,000,000 should be entered as 10).) 31 CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Cash flows from investing activities nces ols Net cash flows from investing activities 2$ 0.0 pse Hill dtv 14 FIC %23 24 & 2 3 5 6. 9 W E Y A S F G H K C V alt command command option V * 00 B
Additional Information for 2021: Purchase investment in bonds for $115,000. Sell land costing $40,000 for only $31,000, resulting in a $9,000 loss on sale of land. Purchase $70,000 in equipment by issuing a $70,000 long-term note payable to the seller. No cash is exchanged in the transaction. Declare and pay a cash dividend of $30,000. Required: Prepare the statement of cash flows using the indirect method for December 31, 2021. Disclose any noncash transactions in an accompanying note. (List cash outflows and any decrease in cash as negative amounts.)
Creative Sound Systems sold investments, land, and its own common stock for $40 million, $16 million, and $42 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $22 million, $26 million, and $13 million, respectively. What amount should Creative Sound Systems report as net cash flows from financing activities? (List cash outflows and any decrease in cash as negative amounts. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) 8 Answer is complete but not entirely correct. CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Cash flows from financing activities Sale of investments 40 X Sale of land 16 X (26) х (13) X Purchase equipment Purchase a patent Net cash flows from financing activities $ 17
Creative Sound Systems sold investments, land, and its own common stock for $36.0 million, $15.6 million, and $41.2 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.6 million, $25.6 million, and $12.6 million, respectively. What amount should the company report as net cash flows from investing activities? (List cash outflows and any decrease in cash as negative amounts. Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Cash flows from investing activities Net cash flows from investing activities 0.0
Mini Case: CASH FLOWS AT WARF COMPUTERS, INC. The following informations are given: During the year the company raised $118,000 in new long-term debt and retired $98,000 in long-term debt. The company also sold $11,000 in new stock and repurchased $40,000 in stock. The company purchased $786,000 in fixed assets and sold $139,000 in fixed assets. Balance sheet and Income Statement of the company: photos attached THE TASK: Based on the given informations and financial statements prepare the financial statement of cash flows and the accounting statement of cash flows. Also answer the following questions: How would you describe Warf Computers’ cash flows? Which cash flow statement more accurately describes the cash flows at the company? In light of your previous answers, comment on Nick’s expansion plans.
Task 4: XYZ corporation had net cash flows from operating activities of $90.000 in last year. During the year, XYZ cost $60.000 for property, plant and equipment; sold them for $12.000; paid dividends of $40.000. a) You should calculate the company's free cash flow and explain the result. b) On January 2021, XYZ purchased a truck for $ 70.000. The Chief accountant supposed that the truck will last six years for 200.000 miles, with an estimated residual value $ 22.000 at the end of that time. Compute the depreciable cost for the year 2021 under the straight-line method. c) You should prepare the journal entry for the depreciation of the truck in 2021
Short Answer Questions 1. ABC Corporation purchased land for $540,000. Later in the year, the company sold a different piece of land with a book value of $270,000 for $180,000. How are the effects of these transactions reported on the statement of cash flows? 2. Wright Inc. received $1,200,000 from issuing shares of its common stock. During the year, Wright Inc. paid $500,000 to retire bonds and paid dividends of $250,000. How are the effects of these transactions reported on the statement of cash flows?
Quèstion 1 Which of the following transactions would be reported in the cash flows from investing activities section in the statement of cash flows for the Harlem Company? O Harlem sold a piece of land for $600,000. O Harlem borrowed $3,000,000 O Harlem issued common stock for $700,000 to investors. O Harlem paid a cash dividend to its stockholders. » A Moving to another question will save this response. P Type here to search acer F9 F10 F1 F5 F6 F7 F8 F4 Nu F3 Coca) F1 F2 Esc OO 2$ 4. C@ # 8 A Y U 近 3.
Effect of Transactions on Cash Flows State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: Retired $500,000 of bonds, on which there was $4,000 of unamortized discount, for $510,000. Sold 20,000 shares of $5 par common stock for $30 per share. Sold equipment with a book value of $68,900 for $72,400. Purchased land for $825,000 cash. Purchased a building by paying $30,000 cash and issuing a $570,000 mortgage note payable. Sold a new issue of $400,000 of bonds at 98. Purchased 10,000 shares of $10 par common stock as treasury stock at $22.50 per share. Paid dividends of $1.25 per share. There were 1,000,000 shares issued and 180,000 shares of treasury stock.

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS