Solve this one Determine the effect (cashreceipt or cash payment, and theof the followingamount)transaction on cash flows: Sold anew issue of $280,000 of bonds at98.

Step 1: Define Cash Flow StatementThe cash flow statement is a financial statement that shows the…

Answered: Determine the effect (cash receipt or…

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 7DQ

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Bonds with a face value of $450,000 are issued at 105. The statement of cash flows wouldreport a cash inflow of:a. $450,000 in the financing activities section.b. $472,500 in the financing activities section.c. $22,500 in the financing activities section.d. $450,000 in the investing activities section.
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Question: How much is the total cash received from the financing of receivables? Round off to the nearest whole number.
In reviewing the Accounts Receivable, the Net Cash Realizable Value is __ before a write off of $1500. What is the Net Cash Realizable Value after the write off?a. $16,000b. $1500c. $17300d. $14500
4. - 5 Bren provided the following selected information Cash in bank, net of bank overdraft of 200,000 Customers' account with credit balance Estimated premium liability Bonds payable, (payable annually for P400,000 starting December 31, 2022) Notes payable, (60% of which will mature after 2 years) Accrued expenses Deferred tax liability Share dividends payable at December 31, 20 600,000 200,000 300,000 1,600,000 900,000 50,000 350,000 250,000 100,000 150,000 On December 31, 2021, how much is the total amount to be reported as 4. Current liabilities a.) 1,610,000 b.) 1,860,000 c.) 1,510,000 d.) 1,790,000 5.Noncurrent liabilities Container's deposit Advances to supplier a.) 2,090,000 b.) 1,290,000 c.) 1,390,000 d.) 2,110,000
Green Company uses the Baumol model tomanage its disbursement account. Monthlycash disbursement is P1,200,000. Cash in thisaccount could have earned 5% on moneymarketable securities. Green incurs P576every time cash is transferred to this account.The optimum cash balance is A. 576,000.00B. 166,276.88C. 124,707.66D. 432,000.00
Calculate the cash discount and the net amount due the transaction (in $). Amount ofInvoice Terms ofSale CashDiscount NetAmount Due $15,660.00 2/10, n/45 $ $
Find out the company's cash ratio which has cash of P7500, cash equivalents of P26,250, accounts receivables of P4,300. Its total current liabilities are P45,000. What are cash equivalents? Exe2.1
Calculate the value of the cash flows at time 6. The interest rate is 11.76%. 1. $1,136 $2,107 $3,096
Consider the following financial data for Smith Corp.: Balance Sheet as of December 31, 2019 Cash $ 195,000 Accounts payable $ 94,000 Receivables 185,500 Short-term bank note 119,500 Inventories 214,500 Accruals 71,000 Total current assets $ 595,000 Total current liabilities $ 284,500 Long-term debt 462,500 Net plant & equip. 621,500 Common equity 469,500 Total assets $ 1,216,500 Total liab. & equity $ 1,216,500 Profit & Loss Statement for 2019 Industry Average Ratios Net sales $ 1,265,000 Current ratio 1.9× Cost of sales 986,500 Quick ratio 1.2× Gross profit $ 278,500 Days sales outstanding 64 days Operating expenses 166,500 Inventory turnover 3.3× EBIT $ 112,000 Total asset turnover 0.7× Interest expense 32,000 Net profit margin 9.1% Pre-tax income $ 80,000…
A current asset that is convertible to cash within 3 months can be referred to as ______________. Cash in hand Cash at bank Inventory Cash equivalents

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Determine the effect (cash receipt or cash payment, and the of the following amount) transaction on cash flows: Sold a new issue of $280,000 of bonds at 98.