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The following additional information is available from the financial statements of Garfield Industries: / La siguiente información adicional está disponible en los estados financieros de Industrias Garfield: Amortization expense / Gasto por amortización $ 36,000 Purchase of building for cash/ Compra de edificio en efectivo 270,000 Depreciation expense / Gasto por depreciación 108,000 Increase in accounts receivable / Incremento en 30,000 cuentas por cobrar Increase in bonds payable / Incremento en bonos por 500,000 pagar Increase in cdamon stock / Incremento en capital común 120,000 Increase in inventory / Incremento en inventario 86,000 Decrease in accounts payable / Disminución en cuentas 136,000 por pagar Increase in salaries and wages payable / Incremento en 50,000 sueldos y salarios por pagar

The following additional information is available from the financial statements of Garfield Industries: / La siguiente información adicional está disponible en los estados financieros de Industrias Garfield: Amortization expense / Gasto por amortización $ 36,000 Purchase of building for cash/ Compra de edificio en efectivo 270,000 Depreciation expense / Gasto por depreciación 108,000 Increase in accounts receivable / Incremento en 30,000 cuentas por cobrar Increase in bonds payable / Incremento en bonos por 500,000 pagar Increase in cdamon stock / Incremento en capital común 120,000 Increase in inventory / Incremento en inventario 86,000 Decrease in accounts payable / Disminución en cuentas 136,000 por pagar Increase in salaries and wages payable / Incremento en 50,000 sueldos y salarios por pagar

FINANCIAL ACCOUNTING
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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Cash dividends paid / Dividendos pagados en efectivo 200,000 Net income / Utilidad neta 584,000 What is Garfield's net cash provided by operating activities? / ¿Cuál es el efectivo neto provisto o generado por las actividades de operación $570,000 D $736,000 $792,000 $526,000
Transcribed Image Text:Cash dividends paid / Dividendos pagados en efectivo 200,000 Net income / Utilidad neta 584,000 What is Garfield's net cash provided by operating activities? / ¿Cuál es el efectivo neto provisto o generado por las actividades de operación $570,000 D $736,000 $792,000 $526,000
The following additional information is available from the financial statements of Garfield Industries: / La siguiente información adicional está disponible en los estados financieros de Industrias Garfield: Amortization expense / Gasto por amortización $ 36,000 Purchase of building for cash / Compra de edificio en efectivo 270,000 Depreciation expense / Gasto por depreciación 108,000 Increase in accounts receivable / Incremento en 30,000 cuentas por cobrar Increase in bonds payable / Incremento en bonos por 500,000 pagar Increase in ca.amon stock / Incremento en capital común 120,000 Increase in inventory / Incremento en inventario 86,000 Decrease in accounts payable / Disminución en cuentas 136,000 por pagar Increase in salaries and wages payable / Incremento en sueldos y salarios por pagar 50,000
Transcribed Image Text:The following additional information is available from the financial statements of Garfield Industries: / La siguiente información adicional está disponible en los estados financieros de Industrias Garfield: Amortization expense / Gasto por amortización $ 36,000 Purchase of building for cash / Compra de edificio en efectivo 270,000 Depreciation expense / Gasto por depreciación 108,000 Increase in accounts receivable / Incremento en 30,000 cuentas por cobrar Increase in bonds payable / Incremento en bonos por 500,000 pagar Increase in ca.amon stock / Incremento en capital común 120,000 Increase in inventory / Incremento en inventario 86,000 Decrease in accounts payable / Disminución en cuentas 136,000 por pagar Increase in salaries and wages payable / Incremento en sueldos y salarios por pagar 50,000
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