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Question 28 0/1 pts XYZ Corp.reported net income of $220 during fiscal 2019. Included in the company's operating expenses was $370 of depreciation expense. The

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Question 28 0/1 pts XYZ Corp.reported net income of $220 during fiscal 2019. Included in the company's operating expenses was $370 of depreciation expense. The company also reported a $50 gain on the sale of fixed assets. The company reported the following balance sheet data: 12/31/19 1/1/12 490 550 440 450 Accounts Receivable Inventory Accounts Payable Salaries Payable Interest Payable 390 360 60 50 10 30 Cash from/used in operating activities was: 1 Enter a positive number for a cash inflow or a negative number for a cash outflow. Answer 1: ed 1 wer 510 ver $510 0/2 pts Question 29 Question 29 XYZ Corp. reported the following income statement and balance sheet data for fiscal 2019: Net Sales 2,750 Interest Expense 1101 12/31/12 1/1/19 Accounts Receivable 550 4901 Interest Payable 10 301 Calculate the following numbers. Enter your answers as positive numbers. Cash collected from customers: 1 Cash paid for interest: 1 Answer 1: Question 30 0/1 pts XYZ Corp. reported the following activity and balance sheet data for fiscal 2019: Depreciation expense was $370 during fiscal 2019. The company paid $1,110 cash to acquire fixed assets. The company sold fixed assets and received cash. The company realized a $50 gain on the sale of the fixed assets. 12/31/19 1/1/19 5,830 5,030 Property, Plant & Equipment Accumulated Depreciation Property, Plant & Equipment, Net -2.320 -2.190 3,510 2,840 Cash flow from/used in investing activities was: (CFINV] Enter a positive number for a cash inflow or a negative number for a cash outflow. d 1 XYZ Corp.reported the following activity and balance sheet data for fiscal 2019: The company declared cash dividends of $21. The company received cash from issuing notes payable. There were no repayments of notes payable during the year. The company received cash from issuing 30 shares of common stock. Net income for the year was $46. 12/31/19 1/1/12 Dividends Payable 7 5 Notes Payable 225 175 Common Stock, $1 par 140 110 Paid in Capital 303 228 Retained Earnings 339 314 Cash flow from/used in financing activities was: (CFFIN) Enter a positive number for a cash inflow or a negative number for a cash outflow. ered 1 nswers $136 136

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