Please Need Answer As per Possible fast From the following information prepare theinvestments section of the statement of cashflows:1.Purchased a building for $10,000 cash.2.Sold a machine: selling price, $12,000; cost,$16,000; accumulated depreciation, $9,000.3.Paid a cash dividend of $1,000.4.Bought Xerox stock for $2,000.5.Sold General Motors bonds for $3,500.6.Accounts receivable increased by $5,000.7.Lent $2,400 to a third party.

Step 1 : Define Statement of Cash Flow:-The statement of cash flow is prepared to give users of the…

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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 6DQ

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Use the following information to calculate the net cash provided (inflow) or used by (outflow) from financing activities for the Lulu Corporation: (a) Net income, $10,000 (b) Sold common stock for $40,000 cash (c) Paid cash dividend of $13,000 (d) Repayment of bond payable, $26,000 (e) Purchased equ for $12,000 cash (f) Issued long term mortgage notes payable for $250,000 cash. (Note: in the answer space, write only the number, with no $ signs or commas. That is, if your answer is $1,000, white it as : 1000 ). Answer:
Prepare the investing section of Chivay, Inc.'s cash flow statement based on the following transactions: • Purchased equipment this year costing $27,000 using cash. There were no equipment disposals during the period. • Sold a building for $58,000. Purchased stock in Wedge, Inc. for $11,000. ⚫ Sold its investment in Wesley, Inc. for $7,000. Loaned $5,000 to an unrelated party. Prepare the investing section of Chivay, Inc.'s cash flow statement. (Use a minus sign or parentheses for any numbers to be subtracted and/or net cash used by activities. If an input field is not used in the statement, leave the field empty; do not select a label or enter a zero.) Chivay, Inc. Statement of Cash Flows (Partial) Investing Activities: Net Cash Provided (Used) by Investing Activities
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Use the information below (in millions) to determine net cash inflows (outflows) from operating activities. Cash received from: Customers $ 3,000 Interest on investments 280 Sale of land 180 Sale of its own common stock 760 Issuance of debt securities 2,800 Cash paid for: Interest on debt $ 380 Income tax 160 Debt principal reduction 2,300 Purchase of equipment 5,600 Purchase of inventory 1,800 Dividends on its common stock 440 Operating expenses 660
State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $290,000 of bonds, on which there was $2,900 of unamortized discount, for $302,000. b. Sold 12,000 shares of $25 par common stock for $57 per share. c. Sold equipment with a book value of $49,400 for $71,100. d. Purchased land for $327,000 cash. e. Purchased a building by paying $49,000 cash and issuing a $90,000 mortgage note payable. f. Sold a new issue of $260,000 of bonds at 98. g. Purchased 4,500 shares of $40 par common stock as treasury stock at $73 per share. h. Paid dividends of $1.90 per share. There were 20,000 shares issued and 3,000 shares of treasury stock. Effect Amount а. b. Cash payment C. $4 Cash receipt d. е. f. $ g. 2$ h. $4
State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $320,000 of bonds, on which there was $3,200 of unamortized discount, for $333,000.b. Sold 7,000 shares of $30 par common stock for $53 per share.c. Sold equipment with a book value of $59,700 for $86,000.d. Purchased land for $339,000 cash.e. Purchased a building by paying $64,000 cash and issuing a $90,000 mortgage note payable.f. Sold a new issue of $300,000 of bonds at 97.g. Purchased 3,600 shares of $20 par common stock as treasury stock at $37 per share.h. Paid dividends of $1.90 per share. There were 24,000 shares issued and 4,000 shares of treasury stock.
Use the following company information to calculate net cash provided or used by investing activities. (a) Long-term investments were sold for $51,000 cash, yielding a gain of $22,150. (b) Paid $72,000 cash for new machinery. (c) Sold land costing $34,000 for $40,000 cash, yielding a $6,000 gain. (d) Equipment with a book value of $195,000 and an original cost of $320,000 was sold at a loss of $27,000. Statement of Cash Flows (partial) Cash flows from investing activities
Use the information below (in millions) to determine net cash inflows (outflows) from investing activities. Cash received from: Customers $ 2,550 Interest on investments 250 Sale of land 150 Sale of Rowdy's common stock 700 Issuance of debt securities 2,500 Cash paid for: Interest on debt $ 350 Income tax 130 Debt principal reduction 2,000 Purchase of equipment 5,000 Purchase of inventory 1,500 Dividends on common stock 350 Operating expenses 600
Indicate the effect each separate transaction has on investing cash flows. a. Sold a truck costing $40,000, with $22,000 of accumulated depreciation, for $8,000 cash. The sale results in a $10,000 loss. b. Sold a machine costing $10,000, with $8,000 of accumulated depreciation, for $5,000 cash. The sale results in a $3,000 gain. c. Purchased stock investments for $16,000 cash. The purchaser believes the stock is worth at least $30,000.
If a gain of $8,077 is realized in selling (for cash) office equipment having a book value of $59,041, the total amount reported in the investing activities section of the statement of cash flows is?
If Sheffield Corp. realizes a loss of $9500 on a cash sale of office equipment having a book value of $95400, the total amount reported in the cash flows from investing activities section of the statement of cash flows is $95400. $104900. $85900. $9500.

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