Ayayai Corp. had the following transactions during 2025: 1. Issued $230000 of par value common stock...
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Ayayai Corp. had the following transactions during 2025: 1. Issued $230000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $125000. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $15600. 5. Sold land (cost $6000) for cash of $6000. 6. Recorded cash sales of $840000. 7. Bought inventory for cash of $254000. 8. Acquired equipment for cash of $40900. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $452000. What is the net cash provided by operating activities? Pina Colada Corp. had the following transactions during 2025: 1. Issued $230000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $122500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $22500. 5. Sold a land (cost $6000) for cash of $6000. 6. Recorded cash sales of $790000. 7. Bought inventory for cash of $347000. 8. Acquired equipment for cash of $42100. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $424000. What is the net cash provided (used) by financing activities? During 2025, Skysong Office Supply Company sold equipment with a book value of $123000 for proceeds of $147600. The company purchased new equipment for $328000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2025. The investing section of the statement of cash flows will report Sheridan Corporation's net income for the current year was $428000. Depreciation recorded on plant assets was $40000 and amortization expense was $64000. Accounts receivable and inventories increased by $34000 and $13000, respectively. Supplies and accounts payable decreased by $2000 and $27000, respectively. The equipment account balance increased by $55,000 and a $500,000 convertible bond was retired through the issuance of common stock. How much cash was provided by operating activities? Ayayai Corp. had the following transactions during 2025: 1. Issued $230000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $125000. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $15600. 5. Sold land (cost $6000) for cash of $6000. 6. Recorded cash sales of $840000. 7. Bought inventory for cash of $254000. 8. Acquired equipment for cash of $40900. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $452000. What is the net cash provided by operating activities? Pina Colada Corp. had the following transactions during 2025: 1. Issued $230000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $122500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $22500. 5. Sold a land (cost $6000) for cash of $6000. 6. Recorded cash sales of $790000. 7. Bought inventory for cash of $347000. 8. Acquired equipment for cash of $42100. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $424000. What is the net cash provided (used) by financing activities? During 2025, Skysong Office Supply Company sold equipment with a book value of $123000 for proceeds of $147600. The company purchased new equipment for $328000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2025. The investing section of the statement of cash flows will report Sheridan Corporation's net income for the current year was $428000. Depreciation recorded on plant assets was $40000 and amortization expense was $64000. Accounts receivable and inventories increased by $34000 and $13000, respectively. Supplies and accounts payable decreased by $2000 and $27000, respectively. The equipment account balance increased by $55,000 and a $500,000 convertible bond was retired through the issuance of common stock. How much cash was provided by operating activities?
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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