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a. Determine the amount of cash flow for the retirement of bonds that should appear on the Year 2 statement of cash flows. b. Determine
a. Determine the amount of cash flow for the retirement of bonds that should appear on the Year 2 statement of cash flows.
The following information was drawn from the year-end balance sheets of Fox River, Incorporated. Additional information regarding transactions occurning during Year 2 1. Fox Povec, Incorporated issued $49700 of bonds during Year 2 . The bonds were issued at face value. All bonds retired were retired at face value. 2. Cornmon stock did not have a par value 3. Fox Rivec, thcorporated uses the cost method to account for treasury stock. 4. The amount of net income shown on the Year 2 income statement was $32,600. Required a. Determine the amount of cash fow for the retirement of bonds that should appear on the Year 2 statement of cash flows. b. Determine the amount of cash flow from the issue of common stock that should appear on the Year 2 statement of cash flows c. Determine the amount of cash fow for the purchase of treasury stock that should appear on the Year 2 statement of cash flows d. Determine the amount of cash flow for the payment of dividends that should appear on the Year 2 statement of cash flows e. Prepare the financing activities section of the Year 2 statement of cash flows. Complete this question by entering your answers in the tabs below. a. Detemine the amount of cash fow for the retirement of bonds that should appear on the Year 2 statement of cash flows. b. Determine the amount of cash fow from the issue of common stock that should appear on the Year 2 statement of cash flows. c. Determine the amount of cash flow for the purchase of treasury stock that should appear on the Year 2 statement of cash flow. d. Dutemine the amount of cash fiow for the parment of dividends that should appear on the Year 2 statement of cash flows The foliowing informatron was drmwn from the year-end belance sheets of Fos River, incorporated. Additional information regarding transactions occurning duning Year 2 . 1. Fou River, Incorporated issued 549700 of bonds during Year 2 . The bonds were issued at face value, All bonds retired were relired at face yalue 2. Common stock did not have a par value. 2. Fox Rever, Incorporated uses the cost method to account for treasumy stock. 4. The amount of net income shown on the Year 2 income statement was $32,600 Required a. Determine the amount of cash fow for the retirement of bonds that should appear on the Year 2 statement of cash fown. b. Determane the amount of cash fow from the issue of common stock that should appear on the Year 2 statement of cash flows. c. Determine the amount of cash fow for the purchase of treasury stock that should appear on the Year 2 statement of cash flows d. Determme the amount of cash fow for the payment of dividends that should appear on the Year 2 statement of cash flows e. Prepare the financing activities section of the Year 2 statement of cash fows Complete thls question by entering your anwers In the tabs below. Frepare the financing activities section of the Year 2 statement of cash fows. (Cash outflow) should be indicated with a minus b. Determine the amount of cash flow from the issue of common stock that should appear on the Year 2 statement of cash flows.
c. Determine the amount of cash flow for the purchase of treasury stock that should appear on the Year 2 statement of cash flows.
d. Determine the amount of cash flow for the payement of dividends that should appear on the Year 2 statement of cash flows.
e. Prepare the financing activities section of the Year 2 statement of cash flows.
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