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

Hello student! When bonds are sold/issued at "98", this means that the cash received by the issuer…

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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A company settles a long-term note payable plus interest by paying $68,000 cash toward the principal amount and $5,440 cash for interest. The amount reported as a use of cash under cash flows from financing activities is:
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

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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.