Consider the following information for Trent Company: Net cash provided by operating activities $1,000,000 Common stock issued as a result of a stock dividend (fair value) 100,000 Common stock issued for cash 400,000 Proceeds from sale of building 300,000 Trent Company should report a net increase in cash of:
Consider the following information for Trent Company: Net cash provided by operating activities $1,000,000 Common stock issued as a result of a stock dividend (fair value) 100,000 Common stock issued for cash 400,000 Proceeds from sale of building 300,000 Trent Company should report a net increase in cash of:
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 3DQ
Related questions
Question
Consider the following information for Trent Company:
| Net cash provided by operating activities | $1,000,000 |
| Common stock issued as a result of a stock dividend (fair value) | 100,000 |
| Common stock issued for cash | 400,000 |
| Proceeds from sale of building | 300,000 |
Trent Company should report a net increase in cash of:
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