Question 3:Dhofar Co. had the following information in 2020:Issuance of common stock34000Payment of dividendsBank loan repaidPurchase of equipmentIssuance of bonds payableSale of fixed assets1600022000650003300029000Decrease in Accounts receivable1400015000Purchase of short term investmentIncrease of prepaid expensesPurchase of landNet Profit13800500003780018500DepreciationAmortization9500Prepare cash flows statement, use indirect method for operating cash flow.

The cash flow statement is prepared to estimate the net cash inflow or outflow from the business…

Answered: Question 3: Dhofar Co. had the…

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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Prepare Cash Flow Statement
Question 4: XYZ Co. had the following information in 2020: Sales 150000 СOGS 80000 Operating expenses (excluding depreciation) Interest expense Таxes 32000 8000 3000 Increase in Accounts receivable 7000 Decrease in inventory Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 4000 5000 3500 2000 1000 Prepare operating cash flows using direct method.
Current Attempt in Progress Vaughn Corporation had the following activities in 2020. 1. Payment of accounts payable $774,000 Issuance of common stock $270,000 Payment of dividends $384,000 2. 3. 4. Net cash 5. 6. Compute the amount Vaughn should report as net cash provided (used) by financing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) by financing activities $ Collection of note receivable $92,000 Issuance of bonds payable $548,000 Purchase of treasury stock $43,000 LA
Question 4: XYZ Co. had the following information in 2020: Sales 150000 COGS 80000 Operating expenses (excluding depreciation) Interest expense 32000 8000 Тахes 3000 7000 Increase in Accounts receivable Decrease in inventory Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 4000 5000 3500 2000 1000 Prepare operating cash flows using direct method. 22
ABC Co. had the following activities in 2020:Issue of common stock OMR 28000 Increase in receivables OMR 16000 Decrease in Land OMR 75000 Decrease in inventory OMR 25000 Sale of Building OMR 14000 Payment of Bank loan OMR 23000 Purchase of equipment OMR 55000 Purchase of available-for-sale securities OMR 43000 Sale of Machinery OMR 25000 What is the cash flows from Investing activities? a. OMR 50000 b. OMR 16000 c. None of the options d. OMR 90000
Question 4: XYZ Co. had the following information in 2020: Sales 150000 COGS 80000 Operating expenses (excluding depreciation) Interest expense 32000 8000 Таxes 3000 Increase in Accounts receivable 7000 Decrease in inventory Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 4000 5000 3500 2000 1000 Prepare operating cash flows using direct method.
According to the information given in the table below, which of the following is cash flow from financing activities? Increase in loan 52000 Increase in bonds 25500 Decrease in common stock 13500 Increase in Inventory 16000 Depreciation 38000 Select one: a. - 10000 b. 26000 O c. 43500 O d. 64000

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