Question
11. A corporation purchased and retired 5,000 shares of its $15 par common stock, originally issued at par, for $35. Cash flows amounted to $_________
11. A corporation purchased and retired 5,000 shares of its $15 par common stock, originally issued at par, for $35. Cash flows amounted to $_________ |
12. If a loss of $2,000 is incurred in selling (for cash) a fixed asset having a book value of $25,000, the total amount reported as a cash flow in Investing Activities is $_________ |
13. The $97,000 net income for the year included a charge of $8,000 for the amortization of a patent. Excluding the effect of other adjustments, the amount of net cash flows from operating activities is $_________. |
14. A corporation issued $2,000,000 of bonds payable at 104. Cash flow was $________ |
15. 25,000 shares of $10 par common stock were issued at $16. The total amount reported in the cash flows from financing activities section of the statement of cash flows is $________ |
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