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O $ 1 7 Visning Logg Bokmerker Profiler Fane Vindu Hjelp X Question 2 s - 1:00pm - S X Bb Announcements - INTRC X

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O $ 1 7 Visning Logg Bokmerker Profiler Fane Vindu Hjelp X Question 2 s - 1:00pm - S X Bb Announcements - INTRC X Course Hero x Bb Review Submission Histo X J Jaerbladet nheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fblackboard.mercyhurst.edu%25... class assignment i Saved Help Save #tableau -7 0 . K 1. Management of Gadberry wants an explanation as to why financing activities created such a large cash outflow. Which of the following is a reasonable explanation for an outflow? 2. Management of Gadberry wants to know how it might be able to generate positive cash inflows from investing activities next year. Which of the following actions would help achieve this goal? 3. Management of Gadberry is wondering how net cash provided by operating activities reported on the statement of cash flows is different than reported net income. Which of the following would explain the amount of difference for Gadberry? 4. Which of the following would explain the amount of net cash used in investing activities reported on Gadberry's statement of cash flows ? 5. Which of the following would explain the amount of net cash used in financing activities reported on Gadberry's statement of cash flows? nces Complete this question by entering your answers in the tabs below. Reg 1 Req 2 Req 3 to 5 Management of Gadberry wants to know how it might be able to generate positive cash inflows from investing activities next year. Which of the following actions would help achieve this goal? (Select all that apply.) Selling an intangible asset. Acquiring a new truck. Selling the company's old factory Purchasing a patent. Selling a short-term stock investment. Loaning money to another business in return for a note receivable. Req 1 Req 3 to 5 > MacBook Pro F C G Sok, eller skriv inn en nettadresse MacBook Pro C G Sok, eller skriv inn en nettadresse MacBook Pro F C G Sok, eller skriv inn en nettadresse # S N 3 4 5 6 O W E R T Y U O P S D F G H K Z X C V B N Mo.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fblackboard.mercyhurst.edu%25... Saved In class assignment (i $ 8yy, 000 Total liabilities and equity $ 1, 025, 000 GOLDEN CORPORATION Income Statement For Current Year Ended December 31 Sales $ 1, 792, 000 Cost of goods sold 1, 086, 000 Gross profit 706, 000 Operating expenses (excluding depreciation) 94, 000 Depreciation expense 54, 000 Book Income before taxes 58 , 000 Income taxes expense 22 , 000 Print Net income $ 136, 000 eferences Additional Information on Current Year Transactions a. Purchased equipment for $36,000 cash. b. Issued 12,000 shares of common stock for $5 cash per share. c. Declared and paid $89,000 in cash dividends. Required: Prepare a complete statement of cash flows using the indirect method for the current year. (Amounts to be deducted should be indicated with a minus sign.) GOLDEN CORPORATION Statement of Cash Flows For Current Year Ended December 31 Cash flows from operating activities Andinetmente to reconcile not inenme to not each provided hu anoratione. Mc Hill 1800 MacBook Pro C G Sok, eller skriv inn en nettadresse a % & N 3 5 6 8 O Q W E R T Y U O P A S D F G H J K Z X C V B N M

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