Current Attempt in ProgressSheridan'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

Cash Flow Statement :— It is one of the financial statement that shows change in cash and cash…

Answered: Current Attempt in Progress Sheridan's…

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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The inventory decreased from year to year do you deduct or add for the cash flow statement. Please prepare cash flow statement so I can compare my answers
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:Accounts Debit CreditCash $ 42,700Accounts Receivable 44,500Supplies 7,500Equipment 64,000Accumulated Depreciation $ 9,000Accounts Payable 14,600Common Stock, $1 par value 10,000Additional Paid-in Capital 80,000Retained Earnings 45,100Totals $ 158,700 $ 158,700During January 2021, the following transactions occur:January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000.January 9 Provide services to customers on account, $14,300.January 10 Purchase…
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ssume General Motors announced a quarterly profit of $119 million for 4th quarter 2019. Below Is a portion of its Conduct a horizontal analysis of the following line items. (Negative answers should be indicated by a minus sige percent" answers to the nearest hundredth percent.) 2018 (dollars in millions) Difference % CHG 2019 (dollars in millions) $ 086 9,222 Cash and cash equivalents 16,148 14,324 Marketable securities 13.642 Inventories 144,603 Total lablites and equity F5 F6 F8 F10 F1 F12 Home
at the beginning of year one, you have $100,000. Investments A and B are available. Their cash flows are as follows year 1 investment A $-1, investment B $0 Year 2 investment A $.5, investment B $-1. Year three investment A .8 investment B .8. In year 4 investment a .2 investment B .7. Assume that any money not invested in a or B earns interest at an annual rate of 2.5%. Determine how to maximize your cash on hand in your four

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