Kindly help me with accounting questions XYZ Corp had the following transactions in September:Revenue received in cash: $150,000•Loan repayment: $30,000⚫ Building purchased (cash payment): $80,000Expenses paid: $60,000••New stock issued: $55,000What is the net cash flow from financing activities?A) $95,000B) $25,000C) -$55,000D) $50,000

The net cash flow from financing activities is $25,000 becaus:Cash inflow: $55,000 from issuing new…

Answered: XYZ Corp had the following transactions…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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For the past year, LP Gas, Inc.
Kela Corporation reports net income of $510,000 that includes depreciation expense of $85,000. Also, cash of $46,000 was borrowed on a 3-year note payable. Based on this data, total cash inflows from operating activities are: Multiple Choice O $641,000. $595,000. O $556,000 $425,000
Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $670,000, Accounts receivable = $870,000, Inventory = $570,000, Accrued wages and taxes = $111,000, Accounts payable = $207,000, and Notes payable = $1,070,000. What is Cypress's net working capital? Multiple Choice $1,388,000 O $2,110,000 $722,000 O $3,498,000
Current Attempt in Progress In the Crane Corporation, cash receipts from customers were $135000, cash payments for operating expenses were $101000, and one-third of the company's $8400 income taxes were paid during the year. Net cash provided by operating activities is: O $25600. O $28400. O $34000. O $31200.
Kela Corporation reports net income of $530,000 that includes depreciation expense of $74,000. Also, cash of $55,000 was borrowed on a 4-year note payable. Based on this data, total cash inflows from operating activities are Mutiple Choice S604.000 O $585,000 O $669.000. $456,000. Ps >>> Type here to search Ps 39% A d) O 99+ ブォ PISO F10 F1 F12 Insert CE T D G H. K アV MI Alt Ctri
Rainey enterprises loaned $50,000 to Small Co. on June 1, Year 1, for one year at 6% interest. Rainey Enterprises loaned $50,000 to Small Co. on June 1, Year 1, for one year at 6 percent interest. Required Show the effects of the following transactions in a horizontal statements. In the Cash Flow column, indicate whether the item is an operating activity (OA), an investing activity (IA), or a financing activity (FA). For any element not affected by the event, leave the cell blank. (Not every cell will require entry. Do not round intermediate calculations. Enter any decreases to account balances and cash outflows with a minus sign. Round your answers to the nearest whole dollar.) (1) The loan to Small Co. (2) The adjusting entry at December 31, Year 1. (3) The adjusting entry and collection of the note on June 1, Year 2. RAINEY ENTERPRISES Horizontal Statements Model Assets Equity Income Statenment Statement of Cash Flow Date Liabilinies Notes Receivable Interest Receivable Retained…
Data pertaining to the current position of Lucroy Industries Inc. follow:Cash $ 800,000Marketable securities 550,000Accounts and notes receivable (net) 850,000Inventories 700,000Prepaid expenses 300,000Accounts payable 1,200,000Notes payable (short-term) 700,000Accrued expenses 100,000Instructions1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios in parts b through j to one decimal place.2. List the following captions on a sheet of paper:Transaction Working Capital Current Ratio Quick RatioCompute the working capital, the current ratio, and the quick ratio after each of the…
Sub . General accounting
A company reports net income of $560,000 that Includes depreciation expense of $82,000. Also, cash of $59,000 was borrowed on a 6-year note payable. Based on this data, total cash inflows from operating activities are: Multiple Cholce $478,000. $642,000. $619,000. $701,000.
The balance sheet for Revolution Clothiers is shown below. Sales for the year were $3,460,000, with 75 percer credit. Cash Accounts receivable k Inventory Plant and equipment ht ences Total assets REVOLUTION CLOTHIERS Balance Sheet 20X1 Assets Liabilities and Equity $ 54,000 348,000 Accounts payable Accrued taxes $ 287,000 93,000 272,000 Bonds payable (long-term) 131,000 464,000 Common stock 100,000 Paid-in capital 150,000 Retained earnings 377,000 $ 1,138,000 Total liabilities and equity $ 1,138,000 Compute the following ratios: Note: Use a 360-day year. Do not round intermediate calculations. Round your answers to 2 decimal places. I total assets answer as a percent rounded to 2 decimal places. a. Current ratio times b. Quick ratio times c. Debt-to-total-assets ratio % d. Asset turnover times e. Average collection period days
I need help on this problem. Pearce Enterprises reported the following information for the past year of operation: Transaction Free Cash Flow $250,000 Operating-cash-flow-to-current-liabilities raition 1.0 times Operating-cash-flow-to-capital-expenditures ratio 3.0 times a) Recorded credit sales of $9,000 b) Collected $4,000owed from customers c) Purchased $28,000 of equipment on long-term credit d) Purchased $16,000 of equipment for cash e) Paid $10,000 of wages with cash f) Recorded utility bill of $1,750 that has not been paid For each transaction, indicate whether the ratio will (I) Increase, (D) decrease, or (N) have no effect.
Kela Corporation reports net income of $570,000 that includes depreciation expense of $78,000. Also, cash of $59,000 was borrowed on a 4-year note payable. Based on this data, total cash inflows from operating activities are: Multiple Choice $629,000. $648,000. $492,000. $707,000.

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