Louiniana Company uses the indirect method te prepare ts statement of cash fown Reler to the following portion of the comparative balance sheetLouisiana CompanyComparative Balance SheetDecember 31, 2025 and 20242024$2.00079.0002025Increase/(Decreas0)$32.000125 D00(15.000)$142.000$30,00046.000Common StockRetained EarmingsTreasury StockTotal Equity(8.200)$72.800(6,600)$69.200Note:1. There were no stock retirements during the year2 There were no sales of treasury stock during the yearCompute the cash flow from transactions involving treasury stockO A. $6,800 of positive cash flowO B. 2ero net cash lowOC. S6.800 negative cash flowO D. S15,000 negative cash low

Treasury stock: Shares which are bought back by the company from the open market but not retired…

Louisiana Company uses the indirect method to prepare s statement of cash fows Refer to the following portion of the comparative balance sheet Louisiana Company Comparative Balance Sheet December 31 2025 and 2024 2024 $2.000 79,000 (.200) $72.800 Increase(Decrease) $30.000 46,000 (6.800) $69.200 2025 $32000 125.000 Common Stock Retained Eamings Treasury Stock Total Equity (15.000) $142.000 Note: 1. There were no stock retirements during the year 2. There were no sales of treasury stock during the year Compute the cash flow from transactions ivolving treasury stock OA. $6,800 of positive cash flow O B. zero net cash Bow OC. $6.00 negative cash flow OD. S15,000 negative cash tow

Louisiana Company uses the indirect method to prepare s statement of cash fows Refer to the following portion of the comparative balance sheet Louisiana Company Comparative Balance Sheet December 31 2025 and 2024 2024 $2.000 79,000 (.200) $72.800 Increase(Decrease) $30.000 46,000 (6.800) $69.200 2025 $32000 125.000 Common Stock Retained Eamings Treasury Stock Total Equity (15.000) $142.000 Note: 1. There were no stock retirements during the year 2. There were no sales of treasury stock during the year Compute the cash flow from transactions ivolving treasury stock OA. $6,800 of positive cash flow O B. zero net cash Bow OC. $6.00 negative cash flow OD. S15,000 negative cash tow

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Given the following financial statement information: $ in millions Income Statement Net Income: $578 Depreciation Expense: $50 Balance Sheet Accounts Receivable Total Inventory Dec. 31, 2022 $38 $112 Accounts Payable $85 Calculate the cash from operating activities. Dec. 31, 2023 $63 $157 $108
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On December 31, 2021, using Indirect Method of Presenting the Cash flows from Operations, total adjustments from the net income due to non-operating items amounted to?
STATEMENT OF CASH FLOW EXAMPLE Kerby Company has prepared the following Balance Sheets for 2023 and 2022. Cash 12/31/23 $ 56 12/31/22 $ 40 Accounts receivable 41 42 Fixed assets 579 465 Accumulated depreciation (170) (140) $506 $407 Accounts payable Mortgage payable Preferred stock $ 74 $ 60 20 181 Additional Paid-In Capital - preferred 70 Common stock Retained earnings 100 61 ២៩៩៩88 100 100 $506 $407 1. On 8/1/23, Kerby sold a fixed asset with a cost of $91 and book value of $66 for $67. 2. Retained Earnings was adjusted by dividends and net income only. 3. Net Income in 2023 was $80. a. Net Cash Provided by Operations is $ b. Net Cash Used by Investments is $ c. Net Cash Provided by Financing is $
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NOTE: Using INDIRECT Method (Cash Flow)
What is your company’s common and preferred stock par or stated value? 2019
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