Problem 2-13 Cash Flow Identity The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 21,000 Proceeds from the sale of common stock 3,480 Purchases of fixed assets 23,740 Purchases of inventories 3,620 Payment of dividends 8,920 Payment of interest 2,700 What was the company's operating cash flow? Note: Do not round intermediate calculations.

Problem 2-13 Cash Flow Identity The Stancil Corporation provided the following current information: Proceeds from long-term borrowing $ 21,000 Proceeds from the sale of common stock 3,480 Purchases of fixed assets 23,740 Purchases of inventories 3,620 Payment of dividends 8,920 Payment of interest 2,700 What was the company's operating cash flow? Note: Do not round intermediate calculations.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $300,000 of bonds, on which there was $3,000 of unamortized discount, for $312,000. b. Sold 12,000 shares of $10 par common stock for $25 per share. c. Sold equipment with a book value of $61,500 for $88,600. d. Purchased land for $462,000 cash. e. Purchased a building by paying $45,000 cash and issuing a $100,000 mortgage note payable. f. Sold a new issue of $170,000 of bonds at 98. g. Purchased 3,600 shares of $35 par common stock as treasury stock at $68 per share. h. Paid dividends of $1.80 per share. There were 27,000 shares issued and 4,000 shares of treasury stock. a. b. C. d. e. f. g. h. Effect ▼ $ $ $ $ $ $ Amount
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Effect of Transactions on Cash Flows State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $210,000 of bonds, on which there was $2,100 of unamortized discount, for $218,000. b. Sold 7,000 shares of $20 par common stock for $43 per share. c. Sold equipment with a book value of $56,600 for $81,500. d. Purchased land for $391,000 cash. e. Purchased a building by paying $80,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $180,000 of bonds at 97. g. Purchased 2,400 shares of $20 par common stock as treasury stock at $37 per share. h. Paid dividends of $1.70 per share. There were 20,000 shares issued and 3,000 shares of treasury stock. Effect Amount а. $ b. c. d. $ е. f. $ g. $ h.
What is the firm's cash flow from financing?
Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $220,000 of bonds, on which there was $2,200 of unamortized discount, for $229,000. b. Sold 7,000 shares of $15 par common stock for $30 per share. c. Sold equipment with a book value of $51,800 for $74,600. d. Purchased land for $362,000 cash. e. Purchased a building by paying $75,000 cash and issuing a $120,000 mortgage note payable. f. Sold a new issue of $150,000 of bonds at 98. g. Purchased 4,400 shares of $15 par common stock as treasury stock at $28 per share. h. Paid dividends of $1.60 per share. There were 34,000 shares issued and 5,000 shares of treasury stock. Effect Amount a. b. C. d. e. f. g. h.
Prepare the statement of cash glows using the indirect method. Please show all work Please don't provide answer in image format thank you
BIC Penc Cash Dividends Cash 24 For a recent year a corporation's financial statements reported the following: Based on the following information, what amount will the corporation report as Net Cash Provided (Used) by Operating Activities on the statement of cash flows? Net Income Depreciation $ $ Increase in accounts receivable Decrease in accounts payable $ $b A) B) Net cash provided by operating activities Net cash provided by operating activities C) Net cash provided by operating activities D) Net cash provided by operating activities E) None of the above nommon to 201 25 The acquisition of land by issuing common stock is ommi A) a noncash transaction which is not reported in the body of a statement of cash flows. B) a cash transaction and would be reported in the body of a statement of cash flows. C) a noncash transaction and would be reported in the body of a statement of cash flows. D) only reported if the statement of cash flows is prepared using the direct method. E) none of…
Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $310,000 of bonds, on which there was $3,100 of unamortized discount, for $322,000. b. Sold 7,000 shares of $30 par common stock for $59 per share. c. Sold equipment with a book value of $48,700 for $70,100. d. Purchased land for $406,000 cash. e. Purchased a building by paying $51,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $180,000 of bonds at 99. g. Purchased 2,900 shares of $25 par common stock as treasury stock at $46 per share. h. Paid dividends of $2.00 per share. There were 25,000 shares issued and 4,000 shares of treasury stock. a. b. C. d. e. f. 9. h. Effect Amount
Required information [The following information applies to the questions displayed below] Golden Corporation's current year income statement, comparative balance sheets, and additional information follow. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of inventory are on credit. (4) all debits to Accounts Payable reflect cash payments for inventory, and (5) any change in Income Taxes Payable reflects the accrual and cash payment of taxes. Assets Cash Accounts receivable. Inventory Total current assets GOLDEN CORPORATION Comparative Balance Sheets December 31 Equipment Accumulated depreciation-Equipment Total assets Liabilities and Equity Accounts payable. Income taxes payable. Total current liabilities Equity Common stock, $2 par value Paid-in capital in excess of par value, common stock Retained earnings Total liabilities and equity GOLDEN CORPORATION Income Statement For Current Year Ended…
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