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1. 2. 3. In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data: $12,900 Gain on
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In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data: $12,900 Gain on sale of land Proceeds from sale of land 21,800 Purchase of Black, Inc., bonds (face value $230,000) 363,000 Amortization of bond discount 4,600 Cash dividends declared 98,000 Cash dividends paid 72,000 Proceeds from sales of Green Co. common stock 155,000 In its December 31, 2018, statement of cash flows, what amount should Green report as net cash from financing activities? Multiple Choice O$83,000. $133,000. O$26,000 $57,000. Melanie Corporation declared cash dividends of $12,600 during the current year. The beginning and ending balances in dividends payable were $360 and $600, respectively. What was the amount of cash paid for dividends? Multiple Choice $12.000. $12,840. $11,640. $12,360. Selected information from Large Corporation's accounting records and financial statements for 2018 is as follows ($ in millions): Cash paid to acquire a patent $54 Treasury stock purchased for cash Proceeds from sale of land and buildings Gain from the sale of land and buildings 51 84 52 Investment revenue received 18 Cash paid to acquire office equipment 79 Large prepares its financial statements in accordance with IFRS. In its statement of cash flows, Large most likely reports net cash outflows from investing activities of: Multiple Choice $54 million $133 million. $64 million $31 millionStep by Step Solution
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