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Cash Flow Questions. A) Issued Common Stock for 65,000 cash, B) Sold Equipment for cash 89,000, C) Net Income was 100,000 D) paid mortgage 34,000,
Cash Flow Questions. |
A) Issued Common Stock for 65,000 cash, B) Sold Equipment for cash 89,000, C) Net Income was 100,000 |
D) paid mortgage 34,000, E) paid cash dividend 15,000, F) had gain on the sale of Equipment 10,000, |
G) Depreciation expense 15,000, H) Purchased new equipment 27,000, I) Exchange 65,000 in stock for |
land J) Issued Preferred stock which included PIC 45,000, K) Accounts payable increase 9,000, and L) |
increase in account receivable 8,000. |
4) Basis on the following information determine the statement of Cash Flow for Financing activities. |
A) $ 61,000 |
B) $ 51,000 |
C) $ 32,000 |
D) None of the above |
5) Basis on the following information determine the statement of Cash Flow for Investing activities. |
A) $ 62,000 |
B) $ 35,000 |
C) $ 63,000 |
D) None of the above |
6) Basis on the following information determine the statement of Cash Flow for Operating activities. |
A) 96,000 |
B) 106,000 |
C) 99,000 |
D) None of the above |
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