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Bonita's Vegetable Market had the following transactions during 2019: 1. Issued $53000 of par value common stock for cash. 2. Repaid a 6 year note
Bonita's Vegetable Market had the following transactions during 2019: 1. Issued $53000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23000. 3. Acquired land by issuing common stock of par value $53000. 4. Declared and paid a cash dividend of $6900. 5. Sold a long-term investment (cost $3500) for cash of $5500. 6. Acquired an investment in IBM stock for cash of $10500. What is the net cash provided by financing activities? $70400 O O $30000 $0 $23100 Multiple Choice Question 66 Waterway's Vegetable Market had the following transactions during 2019: 1. Issued $50000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23400. 3. Acquired land by issuing common stock of par value $100000. 4. Declared and paid a cash dividend of $1500. 5. Sold a long-term investment (cost $2700) for cash of $7800. 6. Acquired an investment in IBM stock for cash of $15400. What is the net cash provided used by investing activities? O O $15400 $7800 O O $30800 ($7600) A company had net income of $209700. Depreciation expense is $26500. During the year, Accounts Receivable and Inventory increased $16900 and $41600, respectively. Prepaid Expenses and Accounts Payable decreased $4900 and $6500, respectively. There was also a loss on the sale of equipment of $1800. How much cash was provided by operating activities? $174300 $177900 O $270500 $239900 Click if you would like to Show Work for this question: Onen Show Work Multiple Choice Question 124 The cost of goods sold during the year was $182100. Inventory decreased by $8500 during the year and accounts payable decreased by $3600 during the year. Using the direct method of reporting cash flows from operating activities, cash payments for merchandise total $194200. $177200. $170000. $185700
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