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BehrenIncorporated had the following transactions: Issued stock for $15,000 cash Paid $2,000 in cash for dividends. Purchased a building for $35,000. Received cash revenues from

  1. BehrenIncorporated had the following transactions:
  • Issued stock for $15,000 cash
  • Paid $2,000 in cash for dividends.
  • Purchased a building for $35,000.
  • Received cash revenues from customers for $50,000.
  • Paidoperating expenses of $38,000.
  1. Assuming that these are the only transactions, what is the amount of the net cash flows fromfinancingactivities onBehren'scash flow statement?
  2. a.$20,000
  3. b.$15,000
  4. c.$13,000
  5. d.$12,000

QUESTION 37

  1. BehrenIncorporated had the following transactions:
  • Issued stock for $15,000 cash
  • Paid $2,000 in cash for dividends.
  • Purchased a building for $35,000.
  • Received cash revenues from customers for $50,000.
  • Paidoperating expenses of $38,000.
  1. Assuming that these are the only transactions, what is the amount of the net cash flows frominvestingactivities onBehren'scash flow statement?
  2. a.($35,000)
  3. b.$12,000
  4. c.$35,000
  5. d.$15,000

Nesbitt Inc. wishes to have $200,000 in three years.Neil Nesbitt, the CFO, has found an investment that will pay a 6% compound rate of interest.Compute the amount that Neil must deposit now for the investment to be worth $200,000 three years from now.Use the Time Value of Money table attachment.

a.$200,000

b.$167,924

c.$188,000

d.$164,000

The Brookfield Company invests $500,000 on January 1, 2020 in an account that will pay 5%interest compounded annually for six years.Compute the value of the investment at the end of 2025. Use the Time Value of Money table attachment.

a.$670,048

b.$669,110

c.$753,782

d.$500,000

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