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XYZ, Inc. had the following transactions during 2020: Exchanged land for a building$ 764,000 Purchased treasury shares. 160,000 Paid cash dividend 380,000 Purchased equipment 212,000
XYZ, Inc. had the following transactions during 2020: Exchanged land for a building$ 764,000 Purchased treasury shares. 160,000 Paid cash dividend 380,000 Purchased equipment 212,000 Issued ordinary shares 588,000 What is xyz, Inc.'s net cash from financing activities? Select one: O a. 428,000 cash outflow b. 48,000 cash outflow c. 48,000 cash inflow d. 600,000 cash inflow Question 33 The statement of financial position omits many items that are of financial value to the business but cannot be recorded objectively Not yet answered Marked out of 1.00 Select one: O True O False P Flag question Question 29 The measurement principle includes the Not yet answered Marked out of 1.00 P Flag question Select one: O a. Historical cost principle only. b. historical cost principle and the fair value principle. C. revenue recognition principle and expense recognition principle d. fair value principle only Question 28 Not yet answered 125,000 60,000 Marked out of 1.00 X Co reports: Cash Inflows from operating activities Cash outflows from investing activities Cash inflows from financing activities ending cash balance What is x co, Beginning cash balance? 70,000 200,000 P Flag question Select one: O a. 65,000 O b. 50,000 c. 70,000 d. 40,000
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