Question
1__ Rod's Resarans cash flo ($ in millions) Cash receied from: Csomers $ 4050 Ineres on inesmens 350 Sale of land 250 Sale of Rod's
1__
Rod's Resarans cash flo ($ in millions)
Cash receied from: Csomers $ 4050 Ineres on inesmens 350 Sale of land 250 Sale of Rod's common sock 900 Issance of deb secriies 3500
Cash paid for: Ineres on deb $ 450 Income a 230 Deb principal redcion 3000 Prchase of eqipmen 7000 Prchase of inenor 2500 Diidends on common sock 650 Operaing epenses 800
Rod's old repor ne cash inflos (oflos) from financing aciiies in he amon of:
$(1400) million
$1400 million
$(520) million
2__Gpa Indsries receied a $310,000 prepamen from Packard Associaes for he sale of ne eqipmen. Gpa ill bill Packard an addiional $101,000 pon delier of he eqipmen. Upon receip of he $310,000 prepamen, ho mch shold Gpa recognie for a conrac asse, a conrac liabili, and accons receiable?
Conrac asse: $0; conrac liabili: $310,000, accons receiable, $0.
Conrac asse: $0; conrac liabili: $310,000, accons receiable, $101,000.
Conrac asse: $310,000; conrac liabili: $0, accons receiable, $101,000.
Conrac asse: $310,000; conrac liabili: $0, accons receiable, $0.
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