Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please give me the steps. Thank you 2. In Jude Company,I land decreased $150,000 because of a cash sale e equipment account increased $60,000 as

Please give me the steps. Thank you
image text in transcribed
2. In Jude Company,I land decreased $150,000 because of a cash sale e equipment account increased $60,000 as a result for S150,000, th of a cash purchase, and Bonds Payable increased S120,000 from issuance for cash at face value. The net cash provided by investing activities is a.S150,000 b. $210,000 c. S90.000 d.S270,000 3. The following data are available for Alamo Corporation. Sale of land $225,000 Sale of equipmen $130,000 Issuance of common stock 40,000 Purchase of equipmen 70,000 Payment of cash dividends120,000 Net cash provided by investing activities is: a. S285.000 b. S260,000 c. S305,000 d. $425,000 4. Tomas Pest Control Products has the following information available Net Income $25,000 Cash Provided by Operations 33,000 Cash Sales 65,000 Capital Expenditures 10,000 Dividends Paid 2,000 What is Tomas' free cash flow? a.S27,000 b.S23,000 c. S21.000 d. S10,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental accounting principle

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

21st edition

1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587

More Books

Students also viewed these Accounting questions