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Please help! & Exit Submit Check my work Required information [The following information applies to the questions displayed below.] The following financial statements and information

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& Exit Submit Check my work Required information [The following information applies to the questions displayed below.] The following financial statements and information are available for Campbell Industries Inc. Balance Sheets As of December 31 Year 3 Year 2 Assets Cash S 160, 800 $ 121,000 Accounts receivable 103, 900 85 , 500 Inventory 186,900 172 , 500 Marketable securities (available for sale) 286 , 900 220 , 400 Equipment 658 , 800 490, 700 Accumulated depreciation (309, 400) (239, 300) Land 80 , 700 119, 700 Total assets 1, 168, 600 970 , 500 Liabilities and equity Liabilities Accounts payable (inventory ) $ 37 , 100 $ 66, 600 Notes payable-Long-term 230, 000 250 , 700 Bonds payable 201, 400 100 , 700 Total liabilities 468, 500 418, 000 Stockholders' equity Common stock, no par 240, 700 200 , 600 Preferred stock, $50 par 110 , 800 90 , 800 Paid-in capital in excess of par-Preferred stock 35 , 200 31 , 200 Total paid-In capital 386 , 700 322, 600 Retained earnings 352 , 600 289 , 100 Less: Treasury stock (39, 200) (59, 200) Total stockholders' equity 700 , 100 552 , 500 Total liabilities and stockholders' equity $1 , 168 , 600 $ 970, 500 Income Statement For the Year Ended December 31, Year 3 Sales revenue $ 1 , 050 , 600 Cost of goods sold (766, 900) Gross profit 283, 700 Operating expenses nalyze Think and Communicate i Saved Help Save & Exit Sub Check my work Less : Treasury stock (39, 200) Total stockholders' equity (59, 200) 700, 100 552 , 500 Total liabilities and stockholders' equity $1, 168, 600 $ 970 , 500 Income Statement For the Year Ended December 31, Year 3 Sales revenue $1 , 050, 600 Cost of goods sold (766,900) Gross profit 283, 700 Operating expenses Supplies expense $21, 000 Salaries expense 92 , 800 Depreciation expense 90, 600 Total operating expenses (204, 400) Operating income 79, 300 Nonoperating items Interest expense (15, 600) Gain from the sale of marketable securities 31, 200 Gain from the sale of land and equipment 13 , 800 Net income 108 , 700 Additional Information 1. Sold land that cost $39,000 for $43,000. 2. Sold equipment that cost $29,400 and had accumulated depreciation of $20,500 for $18,700. 3. Purchased new equipment for $197,500. 4. Sold marketable securities that were classified as available-for-sale and that cost $41,500 for $72,700. 5. Purchased new marketable securities, classified as available-for-sale, for $108,000. 6. Paid $20,700 on the principal of the long-term note. 7. Paid off a $100,700 bond issue and issued new bonds for $201,400. 8. Sold 200 shares of treasury stock at its cost. 9. Issued some new common stock. 10. Issued some new $50 par preferred stock. 11. Paid dividends. (Note: The only transactions to affect retained earnings were net income and dividends.) a. Prepare the statement of cash flows for Campbell Industries using direct method. (Amounts to be deducted and cash outflows should be indicated by a minus sign.) CAMPBELL INDUSTRIES, INC. Statement of Cash Flows For the Year Ended December 31, Year 3 Cash flows from operating activities: Cash Receipts from: Sales Total cash inflows $ Cash payments for: Interest Operating expenses Inventory purchased Total cash outflows O Net cash inflow from operating activities 0 Cash flows from investing activities: Paid to purchase equipment Paid to purchase marketable securities Proceeds from sale of equipment Proceeds from sale of marketable securities Proceeds from sale of land Net cash outflow from investing activities 0 Cash flows from financing activities: Help Save & Exit Check m Required information Operating expenses Inventory purchased Total cash outflows O O Net cash inflow from operating activities Cash flows from investing activities: Paid to purchase equipment Paid to purchase marketable securities Proceeds from sale of equipment Proceeds from sale of marketable securities Proceeds from sale of land ences Net cash outflow from investing activities Cash flows from financing activities: Repayment of loan Proceeds from sale of treasury stock Repayment of bonds Proceeds from preferred stock issue Proceeds from common stock issue Payment of dividends Proceeds from bonds issue Net cash inflow from financing activities Net increase in cash Plus: Beginning cash balance Ending cash balance $ 0 Return to Additional Information 1. Sold land that cost $39,000 for $43,000. of 2 2. Sold equipment that cost $29,400 and had accumulated depreciation of $20,500 for $18,700. 3. Purchased new equipment for $197,500. 4. Sold marketable securities that were classified as available-for-sale and that cost $41,500 for $72,700. 5. Purchased new marketable securities, classified as available-for-sale, for $108,000. 6. Paid $20,700 on the principal of the long-term note. 7. Paid off a $100,700 bond issue and issued new bonds for $201,400. ped 8. Sold 200 shares of treasury stock at its cost. 9. Issued some new common stock. 10. Issued some new $50 par preferred stock. 11. Paid dividends. (Note: The only transactions to affect retained earnings were net income and dividends.) b-1. What is the cost per share of the treasury stock? b-2. What was the issue price per share of the preferred stock? b-3. What was the book value of the equipment sold? b - 1 . Cost per share of the treasury stock b-2. Issue price of the preferred stock per share b - 3. Book value of equipment Mc

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