{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T02:41:22-04:00", "answer_date": "2024-06-29 02:41:22", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4451239", "url": "\/study-help\/questions\/12-what-is-the-amount-of-gross-cash-outflows-reported-4451239", "question_creation_date_js": "2024-06-29T02:41:22-04:00", "question_creation_date": "Jun 29, 2024 02:41 AM", "meta_title": "[Solved] 12. What is the amount of gross cash outf | SolutionInn", "meta_description": "Answer of - 12. What is the amount of gross cash outflows reported in the investing section of the company's statement of cash flo | SolutionInn", "meta_keywords": "12,amount,gross,cash,outflows,reported,investing,section,company,s,statement,flows", "question_title_h1": "12. What is the amount of gross cash outflows reported in the investing section of the company's statement of cash flows?13. What is the company's", "question_title": "12. What is the amount of gross cash outflows reported in the", "question_title_for_js_snippet": "12 What is the amount of gross cash outflows reported in the investing section of the company's statement of cash flows 13 What is the company's net cash provided by (used in) investing activities 14 What is the amount of gross cash inflows reported in the financing section of the company's statement of cash flows 15 What is the company's net cash provided by (used in) financing activities Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows Its balance sheet for this year is as follows Ending Beginning Balance Balance Cash cash equivalents $ 110, 200 $ 132, 350 Accounts receivable 87, 800 94, 600 Inventory 117, 900 107 , 500 Total current assets 315, 900 334, 450 Property, plant, and equipment 312, 060 01,000 Less accumulated depreciation 104,090 75, 250 Net property, plant, and equipment 208,060 225, 750 Total assets $ 523, 906 $ 560, 200 Accounts payable $ 68, 800 $ 122, 200 Income taxes payable 53 , 400 71, 500 Bonds payable 129,000 107, 500 Common stock 150, 500 129,000 Retained earnings 122, 200 130, 600 Total liabilities and stockholders equity $ 523, 960 $ 560, 200 During the year, Ravenna paid a $12 900 cash dividend and it sold a piece of equipment for $6,450 that had originally cost $15,000 and had accumulated depreciation of $10,000 The company did not retire any bonds or repurchase any of its own common stock during the year Foundational 13 12 (Algo) 12 What is the amount of gross cash outflows reported in the investing section of the company's statement of cash flows", "question_description": "

12. What is the amount of gross cash outflows reported in the investing section of the company's statement of cash flows?13. What is the company's net cash provided by (used in) investing activities?14. What is the amount of gross cash inflows reported in the financing section of the company's statement of cash flows?15. What is the company's net cash provided by (used in) financing activities? <\/p>

<\/p>

<\/p>

\"image<\/div><\/div><\/div> Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Ending Beginning Balance Balance Cash & cash equivalents $ 110, 200 $ 132, 350 Accounts receivable 87, 800 94, 600 Inventory 117, 900 107 , 500 Total current assets 315, 900 334, 450 Property, plant, and equipment 312, 060 01,000 Less accumulated depreciation 104,090 75, 250 Net property, plant, and equipment 208,060 225, 750 Total assets $ 523, 906 $ 560, 200 Accounts payable $ 68, 800 $ 122, 200 Income taxes payable 53 , 400 71, 500 Bonds payable 129,000 107, 500 Common stock 150, 500 129,000 Retained earnings 122, 200 130, 600 Total liabilities and stockholders equity $ 523, 960 $ 560, 200 During the year, Ravenna paid a $12.900 cash dividend and it sold a piece of equipment for $6,450 that had originally cost $15,000 and had accumulated depreciation of $10,000. The company did not retire any bonds or repurchase any of its own common stock during the year Foundational 13-12 (Algo) 12. What is the amount of gross cash outflows reported in the investing section of the company's statement of cash flows", "transcribed_text": "", "related_book": { "title": "Accounting Principles", "isbn": "1119491630, 978-1119491637, 978-0470534793", "edition": "10th Edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/54.jpg", "uri": "\/textbooks\/accounting-principles-10th-edition-54", "see_more_uri": "" }, "free_related_book": { "isbn": "1138034169", "uri": "\/textbooks\/nitrogen-management-in-crop-production-1st-edition-9781138034167-9781482222852", "name": "Nitrogen Management In Crop Production", "edition": "1st\u00a0Edition" }, "question_posted": "2024-06-29 02:41:22", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/how-many-lines-per-centimeter-does-grating-have-if", "description": "How many lines per centimeter does a grating have if the third-order occurs at an 18.0o angle for 630-nm light?", "stars": 3 }, { "url": "\/study-help\/business-statistics-in-practice\/3-some-of-these-records-may-hold-errors-or-otherwise-1982102", "description": "=+3. Some of these records may hold errors or otherwise be extraordinary. Make appropriate displays and set aside records that may not be reliable", "stars": 3 }, { "url": "\/superior-brakes-corporation-manufactures-truck-brakes-at-its-plant-in", "description": "Superior Brakes Corporation manufactures truck brakes at its plant in Mansfield, Ohio, at a cost of $10 per unit. Superior sells its brakes directly to U.S. truck makers at a price of $15 per unit....", "stars": 3 }, { "url": "\/study-help\/questions\/mister-macchiato-purchased-a-coffee-drink-machine-on-january-1-9864930", "description": "Mister Macchiato purchased a coffee drink machine on January? 1, 2016 for $ 38,000. Expected useful life is 10 years or 50,000 drinks. In 2016?, 10,000 drinks were? sold, and in 2017, 20,000 drinks...", "stars": 3 }, { "url": "\/study-help\/questions\/i-solved-first-3-graphs-but-the-last-one-how-9792603", "description": "I solved first 3 graphs, but the last one how i can represent last query in query graph? Exercises (chapter 19) For each of the following queries: a- Draw the query graph. b- Draw the query tree...", "stars": 3 }, { "url": "\/study-help\/questions\/earch-scenario-and-activity-you-are-initially-working-with-a-1002943", "description": "earch Scenario and activity: You are initially working with a selection of these small businesses that have been trading for three years and which now need annual trading statements to be compiled...", "stars": 3 }, { "url": "\/study-help\/questions\/your-facility-belongs-to-one-of-three-health-care-delivery-1003895", "description": "Your facility belongs to one of three health care delivery systems in the city. Competition is fierce. You have been asked to serve on a committee to study and recommend the retention or deletion of...", "stars": 3 }, { "url": "\/study-help\/questions\/read-all-the-articles-on-journaling-what-approach-in-the-1003360", "description": "Read all the articles on journaling; what approach in the articles did you find helpful and why? Mention that you have reviewed the journaling materials and what you learned; let us know if you have...", "stars": 3 }, { "url": "\/study-help\/questions\/on-january-1-2-0-2-4-baddour-1002887", "description": "Write a simplified printf subroutine that takes a variable amount of arguments. The first ar- gument for your subroutine is the format string. The rest of the arguments are printed instead of the...", "stars": 3 }, { "url": "\/study-help\/questions\/1provide-at-least-five-years-of-free-cash-flow-projections-1002403", "description": "1.Provide at least five years of Free Cash Flow Projections for the Company to be used to determine and calculate the intrinsic value of the Company. 2.Calculate the Valuation of the Company using...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/problem-857-make-or-buy-qualitative-considerations-oblecuve1-2-hetrick-4451238", "next": "\/study-help\/questions\/the-viking-company-is-preparing-budgets-for-the-second-quarter-4451240" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "12. What is the amount of gross cash outflows reported in the", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/12-what-is-the-amount-of-gross-cash-outflows-reported-4451239" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }} }