Question
Jones Industries received $800,000 from issuing shares of its common stock and $650,000 from issuing bonds. During the year, Jones Industries also paid dividends of
Jones Industries received $800,000 from issuing shares of its common stock and $650,000 from issuing bonds. During the year, Jones Industries also paid dividends of $110,000. How are the effects of these transactions reported on the statement of cash flows? Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required. If a transaction has no effect on the statement of cash flows, select "No effect" from the drop down menu and leave the amount box blank.
Cash received from issuing common stock | Added to net income Deducted from net income No effect Part of cash flows from financing activities Part of cash flows from investing activities Part of cash flows from operating activities | 1.______ |
---|---|---|
Cash received from issuing bonds | Added to net income Deducted from net income No effect Part of cash flows from financing activities Part of cash flows from investing activities Part of cash flows from operating activities | 2.______ |
Cash paid for dividends | Added to net income Deducted from net income No effect Part of cash flows from financing activities Part of cash flows from investing activities Part of cash flows from operating activities
3.______ |
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