help mw out here forl problems Question:73The statement of cash flows for Picture PerfectPhotography reported the following for the year endedDecember 31, 2014:Cash flows from financing activities:Dividends (declared and) paid-$8,000Proceeds from issuance of common shares14,200Payments of short-term notes payable(6,700)(1,350)2,800Payments of long-term notes payableProceeds from issuance of long-term notes payableMake the journal entry that Picture Perfect used to recordeach of these transactions.Which of the following statements is true of managerialaccounting?a. The external stakeholders of a company are the primaryusers of managerial accounting.b. Managerial accounting information is used to helpmanagers plan and control their operations.c. An external audit by an independent CPA is required formanagerial accounting information.d. Managerial accounting information must comply withgenerally accepted accounting principles.Determine the term being described by the followingstatement: Agreement to pay stipulated amountsperiodically to the donor of assets by the recipientorganization.a. Term endowmentsb. Annuity agreementsc. Collectionsd. Pooled life income agreementse. Spending ratef. Total return

Journal Entries for Picture Perfect Photography:Dividends Paid ($8,000):Debit: Dividends…

Answered: Question:73 The statement of cash flows…

Cornerstones of Financial Accounting

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Chapter11: The Statement Of Cash Flows

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The income statement for the year ended December 31, 2016, is as follows: Paid-in capital: Excess of issue price over par-common stock. activities. of cash flows, using the low from tivities, PR 14-5A 1, 2015 Dec. 31, 2 lo $ 585,920 208,960 Dec. 31, 2016 Cash........... Assets $ 625,760 Accounts receivable (net) d Inventories 617,120 227,840 641,760 240,000 Investments Land arosTE Equipment.. 328,000 553,120 705,120 (148,000) Accumulated depreciation-equipment (166,400) $2,057,120 Total assets $2,362,080 $ 404,960 52,640 co0ro Accounts payable (merchandise creditors) Liabilities and Stockholders' Equity $ 424,480 42,240 Accrued expenses payable (operating expenses) Dividends payable. Common stock, $2 par.... 19,200 000 24,000 100,000 150,000 280,000 Retained earnings..... 417,500 1,200,320 Total liabilities and stockholders' equity. 1,303,860 $2,057,120 $2,362,080 008B 000 a2 Cost of merchandise sold 00080 Gross profit 008.800 Operating expenses: Sales $ 5,372,559 ebivid 3,306,190…
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What is the firm's cash flow from financing?
FINANCING ACTIVITIES How much is the net cash provided by financing activities?
Question: Amount of Issuance Price per Share for the Common Stock Issued for the Year? (Round to the nearest 2 decimal places)
What is the firm's cash flow from operations?
The following is an extract from the financial statements of Pompeii at 31 October: 20X7 20X6 $00 $000 Equity and liabilities: Share capital 120 80 Share premium 60 40 Retained earnings 85 68 265 188 Non-current liabilities: Bank loan 100 150 365 338 What Pompeii's net cash inflow or outflow from financing activities to include in the statement of cash flows for the year ended 31 October 20X7?
Required information Skip to question [The following information applies to the questions displayed below.] In preparation for developing its statement of cash flows for the year ended December 31, 2024, D-Krug Solutions, Incorporated collected the following information: ($ in millions)Payment for the early extinguishments of long-term notes (book value: $62.0 million)$ 66.0Sale of common shares208.0Retirement of common shares130.0Loss on sale of equipment2.8Proceeds from sale of equipment11.2Issuance of short-term note payable for cash18.0Acquisition of building for cash11.0Purchase of marketable securities (not a cash equivalent)13.0Purchase of marketable securities (considered a cash equivalent)9.0Cash payment for 3-year insurance policy11.0Collection of note receivable with interest (principal amount, $19)21.0Declaration of cash dividends48.0Distribution of cash dividends declared in 202345.0 2. In D-Krug’s statement of cash flows, what were net cash inflows (or outflows)…
From the following balance sheet of S Ltd as on 31st March, 2008 and 2009, prepare cash flow statement. ParticularsNote no. 31st March, 200831st March, 2009 I. Equity & Liabilities 1. Shareholder's Funds (a) Share Capital 400000700000 (b) Reserve & Surplus (bal. in statement of profit & loss) -50000-320000 2. Non-current Liabilities Long-term Borrowings (9% debentures) 200000400000 3. Current Liabilities (a)Trade Payables (creditors) 110000150000 (b)Other Current Liabilities (expenses) 1000020000 Total 670000950000 II. Assets 1. Non-current Assets (a) Fixed Assets 300000500000 (b) Non-current Investments 200000140000 2. Current Assets (a)Inventories (stock) 50000100000 (b)Trade Receivables (Debtors) 100000170000 (c) Cash & Cash Equivalents 2000040000 Total 670000950000 Additional InformationI. Included in fixed assets was a piece of machinery costing Rs 70,000 on which depreciation charged was Rs 40,000 and it was sold for Rs 30,000.II. During the year,…
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 $
Determining Cash Flows from Financing Activities Nichols Inc. reported the following amounts on its balance sheet for equity: Common stock Retained earnings Required: Jan. 1 $105,000 376,750 Dec. 31 $162,000 455,490 Assume that, for the current year, Nichols did not retire any stock, it reported $94,300 of net income for 2019, and any dividends declared were paid in cash. Determine the amounts Nichols would report in the financing section of the statement of cash flows. Issuance of common stock Payment of cash dividends

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