Bramble's Vegetable Market had the following transactions during 2020: 1. Issued $50000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23200. 3. Acquired land by issuing common stock of par value $103000. 4. Declared and paid a cash dividend of $2300. 5. Sold a long-term investment (cost $2800) for cash of $8000. 6. Acquired an investment in IBM stock for cash of $15500. What is the net cash provided used by investing activities? ($7500) $8000 $15500 $31900

Bramble's Vegetable Market had the following transactions during 2020: 1. Issued $50000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23200. 3. Acquired land by issuing common stock of par value $103000. 4. Declared and paid a cash dividend of $2300. 5. Sold a long-term investment (cost $2800) for cash of $8000. 6. Acquired an investment in IBM stock for cash of $15500. What is the net cash provided used by investing activities? ($7500) $8000 $15500 $31900

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Current Attempt in Progress Oriole Company had the following transactions during 2025: 1. Issued $270000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $114500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $17000. 5. Sold land (cost $6000) for cash of $6000. 6. Recorded cash sales of $850000. 7. Bought inventory for cash of $274000. 8. Acquired equipment for cash of $42800. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $445000. What is the net cash provided by operating activities? $675000. O $676000. O $461500. O $576000. **
Marigold Corp.had the following transactions during 2022:1. Issued $257500 of par value common stock for cash.2. Recorded and paid wages expense of $123600.3. Acquired land by issuing common stock of par value $103000.4. Declared and paid a cash dividend of $20600.5. Sold a long-term investment (cost $6180) for cash of $6180.6. Recorded cash sales of $824000.7. Bought inventory for cash of $329600.8. Acquired an investment in Zynga stock for cash of $43260.9. Converted bonds payable to common stock in the amount of $1030000.10. Repaid a 6-year note payable in the amount of $453200.What is the net cash provided by investing activities? $436720 ($140080). $889920. ($37080).
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Current Attempt in Progress Sheridan's Vegetable Market had the following transactions during 2020: 1. Issued $52000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $15000. 3. Acquired land by issuing common stock of par value $52000. 4. Declared and paid a cash dividend of $7400. 5. Sold a long-term investment (cost $3400) for cash of $6100. 6. Acquired an investment in IBM stock for cash of $9900. What is the net cash provided by financing activities? $69300 $0 $29600 $37000
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