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Prepare a statement of cash flows for the year 2025 for Oriole. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to ORIOLE INC. Statement of Cash Flows $ Land purchased through issuance of $ of bonds $ $ Question 6 of 6 < > View Policies Current Attempt in Progress Oriole Inc. had the following balance sheet at December 31, 2024. Oriole Inc. Balance Sheet December 31, 2024 Cash $25,480 Accounts payable $35,480 Accounts receivable 26,680 Bonds payable 46,480 Investments 32,000 Common stock 105,480 Plant assets (net) 86,480 Retained earnings 28,680 Land 45,480 $216.120 $216,120 During 2025, the following occurred. - / 1.67 III 1. 2. Oriole liquidated its available-for-sale debt investment portfolio at a loss of $10,480. A tract of land was purchased for $43,480. 3. An additional $30,000 in common stock was issued at par. 4. Dividends totaling $15,480 were declared and paid to stockholders. 5. Net income for 2025 was $40,480, including $17,480 in depreciation expense. 6. Land was purchased through the issuance of $35,480 in additional bonds. 7. At December 31, 2025, Cash was $75,680, Accounts Receivable was $47,480, and Accounts Payable was $45,480. (a) Prepare a statement of cash flows for the year 2025 for Oriole. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Prepare a statement of cash flows for the year 2025 for Oriole. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to ORIOLE INC. Statement of Cash Flows $ Land purchased through issuance of $ of bonds $ $ Question 6 of 6 < > View Policies Current Attempt in Progress Oriole Inc. had the following balance sheet at December 31, 2024. Oriole Inc. Balance Sheet December 31, 2024 Cash $25,480 Accounts payable $35,480 Accounts receivable 26,680 Bonds payable 46,480 Investments 32,000 Common stock 105,480 Plant assets (net) 86,480 Retained earnings 28,680 Land 45,480 $216.120 $216,120 During 2025, the following occurred. - / 1.67 III 1. 2. Oriole liquidated its available-for-sale debt investment portfolio at a loss of $10,480. A tract of land was purchased for $43,480. 3. An additional $30,000 in common stock was issued at par. 4. Dividends totaling $15,480 were declared and paid to stockholders. 5. Net income for 2025 was $40,480, including $17,480 in depreciation expense. 6. Land was purchased through the issuance of $35,480 in additional bonds. 7. At December 31, 2025, Cash was $75,680, Accounts Receivable was $47,480, and Accounts Payable was $45,480. (a) Prepare a statement of cash flows for the year 2025 for Oriole. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
Problem 5CE
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Prepare a statement of cash flows for the year 2025 for Oriole. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to ORIOLE INC. Statement of Cash Flows $ Land purchased through issuance of $ of bonds $ $
Transcribed Image Text:Prepare a statement of cash flows for the year 2025 for Oriole. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to ORIOLE INC. Statement of Cash Flows $ Land purchased through issuance of $ of bonds $ $
Question 6 of 6 < > View Policies Current Attempt in Progress Oriole Inc. had the following balance sheet at December 31, 2024. Oriole Inc. Balance Sheet December 31, 2024 Cash $25,480 Accounts payable $35,480 Accounts receivable 26,680 Bonds payable 46,480 Investments 32,000 Common stock 105,480 Plant assets (net) 86,480 Retained earnings 28,680 Land 45,480 $216.120 $216,120 During 2025, the following occurred. - / 1.67 III 1. 2. Oriole liquidated its available-for-sale debt investment portfolio at a loss of $10,480. A tract of land was purchased for $43,480. 3. An additional $30,000 in common stock was issued at par. 4. Dividends totaling $15,480 were declared and paid to stockholders. 5. Net income for 2025 was $40,480, including $17,480 in depreciation expense. 6. Land was purchased through the issuance of $35,480 in additional bonds. 7. At December 31, 2025, Cash was $75,680, Accounts Receivable was $47,480, and Accounts Payable was $45,480. (a) Prepare a statement of cash flows for the year 2025 for Oriole. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Transcribed Image Text:Question 6 of 6 < > View Policies Current Attempt in Progress Oriole Inc. had the following balance sheet at December 31, 2024. Oriole Inc. Balance Sheet December 31, 2024 Cash $25,480 Accounts payable $35,480 Accounts receivable 26,680 Bonds payable 46,480 Investments 32,000 Common stock 105,480 Plant assets (net) 86,480 Retained earnings 28,680 Land 45,480 $216.120 $216,120 During 2025, the following occurred. - / 1.67 III 1. 2. Oriole liquidated its available-for-sale debt investment portfolio at a loss of $10,480. A tract of land was purchased for $43,480. 3. An additional $30,000 in common stock was issued at par. 4. Dividends totaling $15,480 were declared and paid to stockholders. 5. Net income for 2025 was $40,480, including $17,480 in depreciation expense. 6. Land was purchased through the issuance of $35,480 in additional bonds. 7. At December 31, 2025, Cash was $75,680, Accounts Receivable was $47,480, and Accounts Payable was $45,480. (a) Prepare a statement of cash flows for the year 2025 for Oriole. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
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