The balance sheet data of Sweet Company at the end of 2025 and 2024 follow.CashAccounts receivable (net)InventoryPrepaid expensesEquipmentAccumulated depreciation-equipmentLandAccounts payableAccrued expensesNotes payable-bank, long-termBonds payableCommon stock, $10 parRetained earnings2025$29,70054,70065,30015,10089,600$64,40015,100-0-30,200187,40020249,880$34,80045,400(17,920)70,500$306,980 $258,00045,00025,20075,800(7,900)39,700$51,40017,80023,200-0-156,6009,000$306,980 $258,000 Land was acquired for $30,800 in exchange for common stock, par $30,800, during the year; all equipment purchased was for cash. Equipment costing $12,900 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $9,900 weredeclared 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).)a.b.Net CashNet CashNet Cashby operating activities. $✓ by investing activities. $by financing activities. $

Name: The balance sheet data of Sweet Company at the end of 2025 and 2024 f
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Description: The balance sheet data of Sweet Company at the end of 2025 and 2024 follow.CashAccounts receivable (net)InventoryPrepaid expensesEquipmentAccumulated depreciation-equipmentLandAccounts payableAccrued expensesNotes payable-bank, long-termBonds payabl

A statement of cash flow (CFS) is part of a financial statement that is prepared at the end of the…

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The balance sheet data of Sweet 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 $29,700 54,700 65,300 2024 $34,800 45,400 45,000 25,200 75,800 (7,900) 39,700 $306,980 $258,000 15,100 89,600 (17,920) 70,500 $64,400 $51,400 15,100 17,800 -0- 23,200 -0- 30,200 187,400 9,880 $306,980 $258,000 156,600 9,000

The balance sheet data of Sweet 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 $29,700 54,700 65,300 2024 $34,800 45,400 45,000 25,200 75,800 (7,900) 39,700 $306,980 $258,000 15,100 89,600 (17,920) 70,500 $64,400 $51,400 15,100 17,800 -0- 23,200 -0- 30,200 187,400 9,880 $306,980 $258,000 156,600 9,000

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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