The following selected account balances were taken from Tyson Company's general ledgers for 2027: Inventory Utilities payable Land Common stock Accounts payable Retained earnings Machinery January 1 $59,000 $13,000 $58,000 $23,000 $40,000 $19,000 $68,000 $12,000 $96,000 $41,000 December 31 $42,000 $19,000 Income tax payable Accounts receivable Notes payable Tyson Company's 2027 income statement is given below: Sales revenue Cost of goods sold Utilities expense Income tax expense Net income $396,000 $253,000 $ 75,000 $ 20,000 $ 48,000 $88,000 $67,000 $51,000 $45,000 $84,000 $10,000 $63,000 $27,000 Calculate Tyson Company's net cash flow from financing activities for 2027. If your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., -1234).
The following selected account balances were taken from Tyson Company's general ledgers for 2027: Inventory Utilities payable Land Common stock Accounts payable Retained earnings Machinery January 1 $59,000 $13,000 $58,000 $23,000 $40,000 $19,000 $68,000 $12,000 $96,000 $41,000 December 31 $42,000 $19,000 Income tax payable Accounts receivable Notes payable Tyson Company's 2027 income statement is given below: Sales revenue Cost of goods sold Utilities expense Income tax expense Net income $396,000 $253,000 $ 75,000 $ 20,000 $ 48,000 $88,000 $67,000 $51,000 $45,000 $84,000 $10,000 $63,000 $27,000 Calculate Tyson Company's net cash flow from financing activities for 2027. If your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., -1234).
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:The following selected account balances were taken from
Tyson Company's general ledgers for 2027:
Inventory
Utilities payable
Land
Common stock
Accounts payable
Retained earnings
Machinery
January 1
$59,000
$13,000
$58,000
Sales revenue
Cost of goods sold
Utilities expense
Income tax expense
Net income
$23,000
$40,000
$19,000
$68,000
$12,000
$96,000
$41,000
Income tax payable
Accounts receivable
Notes payable
Tyson Company's 2027 income statement is given below:
$396,000
$253,000
December 31
$42,000
$19,000
$ 75,000
$ 20,000
$ 48,000
$88,000
$67,000
$51,000
$45,000
$84,000
$10,000
$63,000
$27,000
Calculate Tyson Company's net cash flow from financing
activities for 2027. If your answer is negative, place
a minus sign in front of your answer with no spaces in
between (e.g., -1234).
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