if you have the following information Sales 250,000 Cost of goods sold 260,000 Gross loss (10000) Operating expenses 80,000 Deprecation 20,000 Net loss 110000 The following accounts increase Accounts receivable 22000 bonds 18000 Accounts payable 35000 building 47000 Long term investment 150000 The following accounts decrease: land 24000 Rent payable 28000 Common stock 35000 The cash flows from financing activities is: Select one: O a. 35000

if you have the following information Sales 250,000 Cost of goods sold 260,000 Gross loss (10000) Operating expenses 80,000 Deprecation 20,000 Net loss 110000 The following accounts increase Accounts receivable 22000 bonds 18000 Accounts payable 35000 building 47000 Long term investment 150000 The following accounts decrease: land 24000 Rent payable 28000 Common stock 35000 The cash flows from financing activities is: Select one: O a. 35000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: If a gain of $30,000 is incurred in selling (for cash) long-term investments having a book value of…

A: Cash flow statement is a statement showing the inflow and outflow of cash from different activities…

Q: I want the Correct answer of what is the right option

A: To calculate the cash conversion cycle (CCC) for Ridge Company, we need to determine three key…

Q: What is the cash flow from operating activities?…

A: The cash flow from operating activities can be calculated using the indirect method, where we start…

Q: Consider the following cash flows: Year Cash Flow -$29,900 13,800 15,100 11,500 1 3 a. What is the…

A: Profitability index measures the return generated by each dollar of investment. Itcan be calculated…

Q: Want Answer please provide

A: To calculate the cash conversion cycle (CCC) for Ridge Company, we need to determine the three…

Q: Given the following information, what is the cash flow from operating activities? $4,300 $4,800 750…

A: Cash flow from operating activities can be calculated using direct method or indirect method. Under…

Q: What is CFF (Cash Flow Financing), given: Accounts Payable 100,000 Accrued Expenses 50,000 Increase…

A: Financing activity is that which shows the cash incoming and outgoing due to financing activities of…

Q: Calculate the operating cash flow based on the following information: A company has EBIT of $10,000,…

A: Earning Before Interest and Tax = ebit = $10,000Tax Rate = t = 21%Depreciation = d = $7000

Q: Income Statement UCF Bleycle Vending Machine Company For Perfod Ending December 31, 20xx 1,000,000…

A: Cash flow financial activities include Change in long term debt Change in common stock Change in…

Q: Balance of Cash after AJE (in unit dollars, two decimal places, use standard accounting rounding):…

A: Adjusting journal entries are financial journal entries made at the end of an accounting period to…

Q: Given the following information, what is the cash flow from operating activities?

A: Please refer to the excel spreadsheet below. Cash Flow from operating Activities. Income…

Q: If a gain of RO 20,.000 is made in relation to selling (for cash) office equipment having a book…

A: Investing activities: Investing activities includes cash inflows and cash outflows from purchase and…

Q: Use the information below for clarkson corporation to calculate operating cash flow. sales.…

A: Given: Net income = $935,123 Depreciation =$1,020,100

Q: Use the following information to calculate total ending cash and equivalents: Beginning Cash and…

A: Introduction: Statement of cash flows: All cash in and out flows are shown in cash flow statements.…

Q: A LasIT TIU [vl section refers to inflows and outflows from the purchase/sale of non-current assets.…

A: The minimum cash balance level is the amount that is maintained at the year end.

Q: Consider a cash flow and interest profile as shown: The worth at the end of Year 3 of these cash…

Q: Trent Co. reports the following information: Net cash provided by operating activities Average…

A: Free cash flow represents the amount of cash a company generates after accounting for its capital…

Q: Calculate: Tax management efficiency Expense control efficiency Asset management efficiency

A: Tax Management Efficiency = Net IncomeNet operating Income before taxes Expense Control Efficiency…

Q: Lee Company has provided the following information: • Cash flow from operating activities, $258,000…

A: The cash coverage ratio is a measure used by lenders to check the ability of the entity to pay…

Question

if you have the following information
Sales
250,000
Cost of goods sold
260,000
Gross loss
(10000)
Operating expenses
80,000
Deprecation
20,000
Net loss
110000
The following accounts increase
Accounts receivable
22000
bonds
18000
Accounts payable
35000
building
47000
Long term investment
150000
The following accounts decrease :
land
24000
Rent payable
28000
Common stock
35000
The cash flows from financing activities is:
Select one:
O a. 35000
O b. 180000
O c. (35000)
O d. (18000)
O e. (17000)

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1 Meaning of Financing Activities

VIEW

Step 2 Cash Flow from Financing Activities

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Financial Reporting in Hyperinflationary Economies

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

The total amount of present worth for the cash flow diagram below is : $1000 Select one: 2 $500 3 4 a. $305 at interest rate 10% b. Zero at interest rate 10% C. Zero at interest rate 15% d. $305 at interest rate 15% $1500 5
Klp.6 Using the data in the table, calculate the operating cash flow for Cyberdyne. Round your answer to the nearest dollar (no decimals). Cyberdyne Systems Selected Financial Information Net Income $1,215 Depreciation 400 Interest 550 Tax Rate 0.30 Operating cash flow = $
Based on the following information, compute cash flows from financing activities under GAAP.Purchase of investments $ 250Dividends paid 1,200Interest paid 400Additional borrowing from bank 2,800
if you have the following information Sales 250,000 Cost of goods sold 260,000 Gross loss (10000) Operating expenses 80,000 Deprecation 20,000 Net income 110000 The following accounts increase Accounts receivable 22000 land 18000 Accounts payable 35000 building 47000 Long term investment 150000 The following accounts decrease: bonds 24000 Rent payable 25000 Common stock 35000 The cash flows from operating activities is: Select one: O a 119000 O b. 118000 O C The corect answer not available Od 115000
For the given cash flow, Which of the following statements is correct? Year 1 3 +2,000 -500 -8,100 +6,800 Select one: a. There are two interest rate b. The present worth converts in sign from positive to negative two times C. Non-conventional cash flow d. all the above %24
Given the following data for Year 1: Earnings before Interest and Tax = $11 million; Interests = $3 million, Taxes = $2 million; Depreciation = $4 million; Investment in fixed assets = 5 million; Investment net working capital = $1 million. Calculate the free cash flow (FCF) for Year 1: Group of answer choices $8 million $9 million $6 million $7 million