Cash Flow from Investing Activities$12,000Using the information for the Melville Corporation, calculate the cash flow from investing activities.Accounts payable increaseAccounts receivable increaseAccrued liabilities decreaseAmortization expenseCash balance, January 1Cash balance, December 314,0005,0007,00022,00023,000Cash paid as dividends31,000Cash paid to purchase land90,000Cash paid to retire bonds payable at par60,000Cash received from issuance of common stock 37,000Cash received from sale of equipment19,000Depreciation expense29,000Gain on sale of equipment4,000Inventory decreaseNet incomePrepaid expenses increase13,00080,0002,000Use a negative sign with answer to show cash outflow from (used by) investing activities.Cash flow from (or used by) investing activities$ 0

The cash flow from (or used by) investing activities for the Melville Corporation during the given…

Answered: Cash Flow from Investing Activities…

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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A summary of cash flows for Linda's Design Services for the year ended December 31 is shown below. Cash receipts: Cash received from customers $88,300 Cash received from sale of stock 24,300 Cash payments: Cash paid for expenses $26,100 Cash paid for land 45,800 Cash paid for supplies 330 Dividends 4,300 The cash balance as of January 1 $40,800 Prepare a statement of cash flows for Linda's Design Services for the year ended December 31. Use the minus sign to indicate cash out flows, a decrease in cash or cash payments. Linda's Design Services Statement of Cash Flows For the Year Ended December 31 Cash flows from operating activities: Cash received from customers 88,300 Cash payments for expenses and supplies 26,100 X Net cash flows from operating activities 26,100
Use the following excerpts from Eagle Company’s financial records to determine net cash flows from financing activities.
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Current Attempt in Progress Lee Enterprises reports the following information: Net income Depreciation expense Increase in accounts payable Increase in accounts receivable $5180000 $3979520. $5180000. $6380480. $5706480. 704480 159000 337000 Lee should report cash provided by operating activities of
Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: Retired $320,000 of bonds, on which there was $3,200 of unamortized discount, for $333,000. Sold 7,000 shares of $20 par common stock for $31 per share. Sold equipment with a book value of $49,800 for $71,700. Purchased land for $300,000 cash. Purchased a building by paying $50,000 cash and issuing a $90,000 mortgage note payable. Sold a new issue of $250,000 of bonds at 97. Purchased 6,400 shares of $25 par common stock as treasury stock at $47 per share. Paid dividends of $2.50 per share. There were 32,000 shares issued and 5,000 shares of treasury stock. Effect Amount a. $ b. $ c. $ d. $ e. $ f. $ g. $ h. $
Use the information below (in millions) to determine net cash inflows (outflows) from operating activities. Cash received from: Customers $ 3,000 Interest on investments 280 Sale of land 180 Sale of its own common stock 760 Issuance of debt securities 2,800 Cash paid for: Interest on debt $ 380 Income tax 160 Debt principal reduction 2,300 Purchase of equipment 5,600 Purchase of inventory 1,800 Dividends on its common stock 440 Operating expenses 660
Please help me with show all calculation thanku
Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $300,000 of bonds, on which there was $3,000 of unamortized discount, for $312,000. b. Sold 12,000 shares of $10 par common stock for $25 per share. c. Sold equipment with a book value of $61,500 for $88,600. d. Purchased land for $462,000 cash. e. Purchased a building by paying $45,000 cash and issuing a $100,000 mortgage note payable. f. Sold a new issue of $170,000 of bonds at 98. g. Purchased 3,600 shares of $35 par common stock as treasury stock at $68 per share. h. Paid dividends of $1.80 per share. There were 27,000 shares issued and 4,000 shares of treasury stock. a. b. C. d. e. f. g. h. Effect ▼ $ $ $ $ $ $ Amount
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: a. Retired $210,000 of bonds, on which there was $2,100 of unamortized discount, for $218,000. b. Sold 7,000 shares of $20 par common stock for $43 per share. c. Sold equipment with a book value of $56,600 for $81,500. d. Purchased land for $391,000 cash. e. Purchased a building by paying $80,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $180,000 of bonds at 97. g. Purchased 2,400 shares of $20 par common stock as treasury stock at $37 per share. h. Paid dividends of $1.70 per share. There were 20,000 shares issued and 3,000 shares of treasury stock. Effect Amount а. $ b. c. d. $ е. f. $ g. $ h.
On July 31st of the current year Bridges Industries issued $80,000 of bonds payable. The $80,000 was used to purchase $30,000 of equipment and $50,000 to purchase stock in another company. How will these transactions be reported in the statement of cash flows? Operating Section Investing Section Financing Section A. $50,000 use $30,000 use $80,000 source B. $0 $30,000 use/$50,000 use $80,000 source C. $0 $30,000 use $80,000 source/$50,000 use D. $0 $30,000 use $80,000 source/$50,000 use
Statement of Cash Flow Preparation Activity Consider the following journal entries: Entry (a) cash $4 %$4 81,000.00 common stock 81,000.00 (b) treasury stock 13,000.00 cash 13,000.00 (c) cash 60,000.00 sales revenue 60,000.00 (d) land 87,700.00 cash 87,700.00 (e) depreciation expense 9,000.00 accumulated depreciation 9,000.00 (f) dividends payable 16,500.00 cash 16,500.00 (g) land 18,000.00 cash 18,000.00 (h) cash 7,200.00 7,200.00 equipment (1) bonds payable cash 45,000.00 45,000.00 (1) building 164,000.00 164,000.00 note payable, long-term (k) loss on disposal of equipment | 1,400.00 equipment, net 1,400.00 Indicate whether each transaction would result in an operating activity, an investing activity, or a financing activity for an indirect method statement of cash flow and the accompanying schedule of non-cash investing and financing activities. Click here to enter text. %24

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