The cash flow statement for Dorian Ltd. follows. (Click the icon to view the cash flow statement.) Answer the following questions. a. Does Dorian Ltd. appear to be growing or shrinking? How can you tell? b. Where did most of Dunbar Ltd's cash for expansion come from? c. Suppose Accounts Receivable decreased by $88,000 (instead of increased by $25,000) during the current year. What would Dorian Ltd.'s cash flow from operating activities be? a. Does Dorian Ltd. appear to be growing or shrinking? How can you tell? (Enter amounts in thousands, as provided in the cash flow statement.) Dorian Ltd. appears to be From the investing activities section, the company acquired $ thousand and sold $ thousand in property, plant, and equipment, while current assets changed b. Where did most of Dunbar Ltd's cash for expansion come from? Most of the cash for expansion came from could also be used for expansion. Cash flow statement Dorian Ltd. Cash Flow Statement For the Year Ended December 31, 2020 (amounts in thousands) Cash flows from operating activities Net income Add (subtract) items that affect net income and cash flow differently: The c. Suppose Accounts Receivable decreased by $88,000 (instead of increased by $25,000) during the current year. What would Dorian Ltd.'s cash flow from operating activities be? (Enter amounts in thousands, as prov If Accounts Receivable decreased by $88 thousand, Dorian Ltd.'s cash flow from operating activities would be $ thousand. Amortization expense Gain on sale of property, plant, and equipment Increase in accounts receivable Increase in interest receivable Decrease in inventory Increase in prepaid expenses Increase in accounts payable Decrease in salaries payable Decrease in accrued liabilities Net cash inflow from operating activities Enter your answer in each of the answer boxes. Cash flows from investing activities Acquisition of property, plant, and equipment Loan to another company Cash received from selling property, plant, and equipment Net cash outflow from investing activities Print Done - X $ 104 $ 144 (16) (25) (5) 6 (1) 83 (7) (3) 176 280 (765) (31) 133 (663) i Cash flow statement (25) (5) 6 (1) 8@ = & 83 (7) 176 280 (765) Loan to another company (31) 133 Cash received from selling property, plant, and equipment Net cash outflow from investing activities (663) Cash flows from financing activities Cash received from issuing common shares 277 Cash received from issuing long-term debt 240 (21) The cash flow statement for Dorian Ltd. follows. (Click the icon to view the cash flow statement.) Answer the following questions. a. Does Dorian Ltd. appear to be growing or shrinking? How can you tell? b. Where did most of Dunbar Ltd's cash for expansion come from? c. Suppose Accounts Receivable decreased by $88,000 (instead of increased by $25,000) during the current year. What would Dorian Ltd.'s cash flow from operating activities be? a. Does Dorian Ltd. appear to be growing or shrinking? How can you tell? (Enter amounts in thousands, as provided in the cash flow statement.) Dorian Ltd. appears to be From the investing activities section, the company acquired $ thousand and sold $ thousand in property, plant, and equipment, while current assets changed b. Where did most of Dunbar Ltd's cash for expansion come from? Most of the cash for expansion came from The could also be used for expansion. c. Suppose Accounts Receivable decreased by $88,000 (instead of increased by $25,000) during the current year. What would Dorian Ltd.'s cash flow from operating activities be? (Enter amounts in thousands, as prov If Accounts Receivable decreased by $88 thousand, Dorian Ltd.'s cash flow from operating activities would be $ thousand. Increase in accounts receivable Increase in interest receivable Decrease in inventory Increase in prepaid expenses Increase in accounts payable Decrease in salaries payable Decrease in accrued liabilities Net cash inflow from operating activities Cash flows from investing activities Acquisition of property, plant, and equipment Payment of long-term debt Payment of dividends Net cash inflow from financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of 2020 Cash and cash equivalents at the end of 2020 (47) Suppose Wendell Inc. reported the following net sales and net income amounts: (Click the icon to view the net sales and net income amounts.) a. Show Wendell Inc.'s trend percentages for net sales and net income. Use 2017 as the base year. b. Which measure increased faster between 2017 and 2020? a. Show Wendell Inc.'s trend percentages for net sales and net income. Use 2017 as the base year. (Round percentages to the nearest tenth percent, X.X%.) 2020 Net sales Net income 2019 2018 2017 % % % B=== % % % % % b. Which measure increased faster between 2017 and 2020? (Round percentages to the nearest tenth percent, X.X%.) increased faster than because the trend percentage for net income in 2020 is % and the trend percentage for net sales in 2020 is %. i Net sales and net income - (in thousands) 2020 2019 2018 2017 Net sales $ 287,000 $ 225,000 $ 216,000||$ 200,000 Net income 11,600 4,600 6,100 3,000 Print Done Whippet Industries Corporation has the following partial balance sheet information available at November 30, 2019. Contributed Capital Shareholders' Equity Common shares, 420,000 shares authorized 155,000 shares issued and outstanding Retained earnings Total shareholders' equity $ 775,000 300,000 $ 1,075,000 If Whippet Industries repurchased 30,000 common shares on March 1, 2020, at a price of $8.25 per share, prepare the journal entry for the transaction. Prepare the journal entry for the transaction. (Record debits first, then credits. Exclude explanations from journal entries.) Date Accounts Mar. 1 Journal Entry Debit Credit Beachcomber Pool Supply Inc. has 19,000 common shares outstanding for a total contributed capital value of $49,000. Beachcomber declares a 10 percent stock dividend on July 15 when the market value of its shares is $7 per share. The date of record is August 15 and the distribution date is August 31. Journalize the declaration of the stock dividend on July 15 and the distribution on August 31. a. What is the overall effect on Beachcomber's total assets? What is the overall effect on total shareholders' equity? b. C. d. e. If Beachcomber declared a 2-for-1 stock split instead of a stock dividend, what would be the journal entry on July 15? On August 31? What would be the effect of the stock split on shareholders' equity? a. Journalize the declaration of the stock dividend on July 15. (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select 'No entry required' on the first line of the Journal Entry column and leave the remaining cells blank.) Journal Entry Date Jul 15 Accounts Debit Credit Journalize the distribution of the stock dividend on August 31. (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select 'No entry required' on the first line of the Journal Entry column and leave the remaining cells blank.) Journal Entry Date Accounts Aug 31 b. What is the overall effect on total assets? The company's total assets c. What is the overall effect on total shareholders' equity? Debit Credit Beachcomber Pool Supply Inc. has 19,000 common shares outstanding for a total contributed capital value of $49,000. Beachcomber declares a 10 percent stock dividend on July 15 when the market value of its shares is $7 per share. The date of record is August 15 and the distribution date is August 31. Journalize the declaration of the stock dividend on July 15 and the distribution on August 31. a. b. What is the overall effect on Beachcomber's total assets? C. What is the overall effect on total shareholders' equity? d. If Beachcomber declared a 2-for-1 stock split instead of a stock dividend, what would be the journal entry on July 15? On August 31? e. What would be the effect of the stock split on shareholders' equity? c. What is the overall effect on total shareholders' equity? The company's total shareholders' equity d. If Beachcomber declared a 2-for-1 stock split instead of a stock dividend, what would be the journal entry on July 15? (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select 'No entry required' on the first line of the Journal Entry column and leave the remaining cells blank.) Date Accounts Jul 15 Journal Entry Debit Credit If Beachcomber declared a 2-for-1 stock split instead of a stock dividend, what would be the journal entry on August 31? (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select 'No entry required' on the first line of the Journal Entry column and leave the remaining cells blank.) Date Aug 31 Accounts Journal Entry Debit Credit What would ha tha affant of the stack sulit an charchaldam' amit? Beachcomber Pool Supply Inc. has 19,000 common shares outstanding for a total contributed capital value of $49,000. Beachcomber declares a 10 percent stock dividend on July 15 when the market value of its shares is $7 per share. The date of record is August 15 and the distribution date is August 31. Journalize the declaration of the stock dividend on July 15 and the distribution on August 31. a. What is the overall effect on Beachcomber's total assets? b. C. What is the overall effect on total shareholders' equity? d. If Beachcomber declared a 2-for-1 stock split instead of a stock dividend, what would be the journal entry on July 15? On August 31? e. What would be the effect of the stock split on shareholders' equity? Date Accounts Jul 15 Journal Entry Debit Credit If Beachcomber declared a 2-for-1 stock split instead of a stock dividend, what would be the journal entry on August 31? (Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select 'No entry required' on the first line of the Journal Entry column and leave the remaining cells blank.) Date Aug 31 Accounts Journal Entry Debit Credit e. What would be the effect of the stock split on shareholders' equity? A. The 2-for-1 stock split would double the number of outstanding shares as well as the number of authorized shares, if the number is not unlimited. B. The 2-for-1 stock split would decrease the amount of shareholders' equity as well as the number of authorized shares, if the number is not unlimited. C. The 2-for-1 stock split would increase the amount of shareholders' equity as well as the number of authorized shares, if the number is not unlimited. D. The 2-for-1 stock split would divide the number of outstanding shares in half, as well as the number of authorized shares, if the number is not unlimited