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there are 4 questions here, the first two go together and so do the second two The following summary transactions occurred during the year for
there are 4 questions here, the first two go together and so do the second two
The following summary transactions occurred during the year for Marigold. Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ MARIGOLD COMPUTER } \\ \multicolumn{2}{|c|}{ Statement of Cash Flows (partial) } \\ \hline \multicolumn{2}{|c|}{ For the Year Ended December 31, 2024 } \\ \hline Cash flows from financing activities: & & \\ \hline & & \\ \hline & & \\ \hline Net cash flows from financing activities & & \\ \hline \end{tabular} Dristell Incorporated had the following activities during the year (all transactions are for cash unless stated otherwise): a. A building with a book value of $406,000 was sold for $506,000. b. Additional common stock was issued for $166,000. c. Dristell purchased its own common stock as treasury stock at a cost of $78,000. d. Land was acquired by issuing a 6%,10-year, $756,000 note payable to the sellet. e. A dividend of $46,000 was paid to shareholders. f. An investment in Fleet Corporation's common stock was made for $126,000. g. New equipment was purchased for $68,000. h. A $93,000 note payable issued three years ago was paid in full. i. A loan for $106,000 was made to one of Dristell's suppliers. The supplier plans to repay Dristell this amount plus 10% interest within 18 months. Required: Calculate net cash flows from investing activities, (Cash outflows should be indicated with a minus sign.) Dristell Incorporated had the following activities during the year (all transactions are for cash unless stated otherwise): a. A building with a book value of $401,000 was sold for $501,000. b. Additional common stock was issued for $161,000. c. Dristell purchased its own common stock as treasury stock at a cost of $75,500. d. Land was acquired by issuing a 6%,10-year, $751,000 note payable to the seller. e. A dividend of $41,000 was paid to shareholders. f. An investment in Fleet Corporation's common stock was made for $121,000. g. New equipment was purchased for $65,500. h. A $90,500 note payable issued three years ago was paid in full. i. A loan for $101,000 was made to one of Dristell's suppliers. The supplier plans to repay Dristell this amount plus 10% interest within 18 months. Required: Calculate net cash flows from financing activities. (Cash outflows should be indicated with a minus sign.) Step by Step Solution
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