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A machine with a cost of $149,000 and accumulated depreciation of $104,000 is sold for $59,500 cash. The amount that should be reported as a

A machine with a cost of $149,000 and accumulated depreciation of $104,000 is sold for $59,500 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:

ZeroThis is a financing activity.

$45,000. Zero.

This is an operating activity

. $14,500.

$59,500.

A company had a market price of $39.50 per share, earnings per share of $2.25, and dividends per share of $1.40. Its price-earnings ratio equals:

20.8.
23.6.
19.6.
17.6.

15.4.

A company's Inventory balance at 12/31/13 was $205,100 and $219,000 at 12/31/12. Its Accounts Payable balance at 12/31/13 was $103,000 and $97,100 at 12/31/12, and its cost of goods sold for 2013 was $739,000. The company's total amount of cash payments for merchandise in 2013 equals:

$719,200.
$747,000.
$758,800.
$731,000.

$739,000.

Net income $ 16,353
Net sales 716,855
Total liabilities, beginning-year 87,932
Total liabilities, end-of-year 107,201
Total stockholders' equity, beginning-year 202,935
Total stockholders' equity, end-of-year 127,851

The return on total assets is (Do not round intermediate calculations.):
6.22%.
3.05%.
2.46%.
2.73%.

2.28%.

Stojko Corporation had a net decrease in cash of $15,000 for the current year. Net cash used in investing activities was $57,000 and net cash used in financing activities was $43,000. What amount of cash was provided (used) in operating activities?

$(15,000) used.
$(115,000) used.
$(85,000) used.
$115,000 provided.
$85,000 provided.
Hampton Company reports the following information for its recent calendar year.
Sales $ 77,000
Expenses
Cost of goods sold 37,000
Salaries expense 12,000
Depreciation expense 5,000
Net income $ 23,000
Accounts receivable increase $ 5,000
Inventory decrease 3,000
Salaries payable increase 1,000
Required:

Prepare the operating activities section of the statement of cash flows for Hampton Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

A company reports basic earnings per share of $4.20, cash dividends per share of $1.10, and a market price per share of $65.10. The company's dividend yield equals:

6.45%.
15.50%.
1.69%.
2.62%.
3.82%.
Selected comparative financial statements of Korbin Company follow:
KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31, 2014, 2013, and 2012
2014 2013 2012
Sales $ 496,960 $ 380,712 $ 264,200
Cost of goods sold 299,170 240,229 169,088
Gross profit 197,790 140,483 95,112
Selling expenses 70,568 52,538 34,874
Administrative expenses 44,726 33,503 21,929
Total expenses 115,294 86,041 56,803
Income before taxes 82,496 54,442 38,309
Income taxes 15,344 11,161 7,777
Net income $ 67,152 $ 43,281 $ 30,532
KORBIN COMPANY
Comparative Balance Sheets
December 31, 2014, 2013, and 2012
2014 2013 2012
Assets
Current assets $ 53,973 $ 42,227 $ 56,448
Long-term investments 0 500 3,990
Plant assets, net 97,212 104,079 61,191
Total assets $ 151,185 $ 146,806 $ 121,629
Liabilities and Equity
Current liabilities $ 22,073 $ 21,874 $ 21,285
Common stock 72,000 72,000 54,000
Other paid-in capital 9,000 9,000 6,000
Retained earnings 48,112 43,932 40,344
Total liabilities and equity $ 151,185 $ 146,806 $ 121,629
Complete the below table to calculate income statement data in common-size percents. Complete the below table to calculate the balance sheet data in trend percents with 2012 as the base year
a. Equipment with a book value of $82,000 and an original cost of $164,000 was sold at a loss of $32,000.
b. Paid $100,000 cash for a new truck.
c. Sold land costing $315,000 for $415,000 cash, yielding a gain of $100,000.
d. Long-term investments in stock were sold for $92,100 cash, yielding a gain of $16,250.

Use the above information to determine this company's cash flows from investing activities

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