Enter negative values as negative numbers. b. Determine the amount of net income for November, assuming that dividends of $10,000 102,000 ✓ c. Determine the net cash flows from operating activities for November. d. Determine the net cash flows from investing activities for November. e. Determine the net cash flows from financing activities for November. f. Determine the net increase or decrease in cash for November. 116,000 ✓

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Enter negative values as negative numbers.
b. Determine the amount of net income for November, assuming that dividends of $10,000 we
102,000 ✓
c. Determine the net cash flows from operating activities for November.
d. Determine the net cash flows from investing activities for November.
e. Determine the net cash flows from financing activities for November.
f. Determine the net increase or decrease in cash for November.
$116,000 ✓
Transcribed Image Text:Enter negative values as negative numbers. b. Determine the amount of net income for November, assuming that dividends of $10,000 we 102,000 ✓ c. Determine the net cash flows from operating activities for November. d. Determine the net cash flows from investing activities for November. e. Determine the net cash flows from financing activities for November. f. Determine the net increase or decrease in cash for November. $116,000 ✓
Balance Sheet, Net Income, and Cash Flows
Financial information related to Abby's Interiors for October and November of 20Y6 is as follows:
October 31, 20Y6
November 30, 20Y6
$184,000
$246,000
502,000
562,000
71,000
93,000
Notes payable
Land
Common stock
Retained earnings
Cash
?
53,000
?
169,000
Transcribed Image Text:Balance Sheet, Net Income, and Cash Flows Financial information related to Abby's Interiors for October and November of 20Y6 is as follows: October 31, 20Y6 November 30, 20Y6 $184,000 $246,000 502,000 562,000 71,000 93,000 Notes payable Land Common stock Retained earnings Cash ? 53,000 ? 169,000
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