The balance sheet data of Riverbed Company at the end of 2025 and 2024 follow. Cash Accounts receivable (net) Inventory Prepaid expenses Equipment Accumulated depreciation-equipment Land Accounts payable Accrued expenses Notes payable-bank, long-term Bonds payable Common stock, $10 par Retained earnings 2025 $30,100 54,800 64,600 15,000 89,300 (17,860) 69,400 $305,340 $257,400 $65,200 $52,500 17,900 15,200 -0- 29,700 189,800 2024 $34,700 45,000 44,800 24,900 75,800 (8,100) 40,300 5,440 $305,340 22,900 -0- 160,700 3,400 $257,400 and was acquired for $29,100 in exchange for common stock, par $29,100, during the year; all equipment purchased was for cash. Equipment costing $13,100 was sold for $3,000; book value of the equipment was $6,100. Cash dividen of $10,000 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - sign e.g. 12,000 or in parenthesis e.g. (12,000).)
The balance sheet data of Riverbed Company at the end of 2025 and 2024 follow. Cash Accounts receivable (net) Inventory Prepaid expenses Equipment Accumulated depreciation-equipment Land Accounts payable Accrued expenses Notes payable-bank, long-term Bonds payable Common stock, $10 par Retained earnings 2025 $30,100 54,800 64,600 15,000 89,300 (17,860) 69,400 $305,340 $257,400 $65,200 $52,500 17,900 15,200 -0- 29,700 189,800 2024 $34,700 45,000 44,800 24,900 75,800 (8,100) 40,300 5,440 $305,340 22,900 -0- 160,700 3,400 $257,400 and was acquired for $29,100 in exchange for common stock, par $29,100, during the year; all equipment purchased was for cash. Equipment costing $13,100 was sold for $3,000; book value of the equipment was $6,100. Cash dividen of $10,000 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - sign e.g. 12,000 or in parenthesis e.g. (12,000).)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:The balance sheet data of Riverbed Company at the end of 2025 and 2024 follow.
Cash
Accounts receivable (net)
Inventory
Prepaid expenses
Equipment
Accumulated depreciation-equipment
Land
Accounts payable
Accrued expenses
Notes payable-bank, long-term
Bonds payable
Common stock, $10 par
Retained earnings
a.
b.
C.
Net Cash provided
2025
Net Cash used
$30,100
54,800
64,600
15,000
89,300
(17,860)
69,400
Net Cash used
$305,340 $257,400
-0-
29,700
189,800
5,440
$65,200 $52,500
15,200
17,900
$305,340
Land was acquired for $29,100 in exchange for common stock, par $29,100, during the year; all equipment purchased
was for cash. Equipment costing $13,100 was sold for $3,000; book value of the equipment was $6,100. Cash dividends
of $10,000 were declared and paid during the year.
Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - sign e.g.
-12,000 or in parenthesis e.g. (12,000).)
$34,700
45,000
44,800
24,900
75,800
(8,100)
40,300
by operating activities.
by investing activities.
2024
by financing activities.
160,700
3,400
$257,400
LA
22,900
-0-
$
$
LA
25100
-39500
39500
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