16. Circle the flow and business activity for each item below Sold land costing $20,000 for...
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16. Circle the flow and business activity for each item below Sold land costing $20,000 for $20,000 cash Issued bonds for $200,000 cash. Declared and paid a $50,000 cash dividend Purchased equipment for $180,000 cash. 17 In horizontal analysis, each item is expressed as a percentage of the a net income amount. b stockholders' equity amount. 19 20 Using these data from the comparative balance sheet of Blossom Company, perform horizontal analysin. Of amount and percentage area 18 decrease show the numbers as negative, eg 55,000, 20% or (55,0001, (20%). Round percentages to 0 decimal places g. 12K) Increase or (Decrease Accounts receivable Inventory Accounts receivable Inventory Totalt Dec 31, 2017 $577,000 Net cash $808.000 Amount $570.000 $731.000 c base-year amount. d total assets amount. $3.163.000 Dec. 31, 2016 Total assets $3,168,000 $2.729.000 S Using these data from the comparative balance sheet of Sheridan Company, perform vertical analysis (Round percentages to 1 decimal place, es 12.5%) $379,000 $623.000 5 Inflow or Outflow Inflow or Outflow Inflow or Outflow Inflow or Outflow S Dec.31.2017 Percentage Balance, Jan. 1 Receipts from customers Dividends on stock investments Proceeds from sale of equipment Proceeds from issuance of bonds payable 303,700 Balance, Dec. 31 347.000 What amount of net cash provided by operating activities Amount % X Cash (Summary Form) by operating activities % Operating Investing Financing Operating Investing Financing Operating Investing Financing Operating Investing Financing Amount $370,000 $646.000 Percentage $2.770.000 Dec 31, 2016 8.500 384,200 Payments for goods 191.600 5.800 Payments for operating expenses 136.300 34,000 Interest paid 10,800 Taxes paid Dividends paid Percentage 8,100 42,400 should be reported in the statement of cash flows? $ 16. Circle the flow and business activity for each item below Sold land costing $20,000 for $20,000 cash Issued bonds for $200,000 cash. Declared and paid a $50,000 cash dividend Purchased equipment for $180,000 cash. 17 In horizontal analysis, each item is expressed as a percentage of the a net income amount. b stockholders' equity amount. 19 20 Using these data from the comparative balance sheet of Blossom Company, perform horizontal analysin. Of amount and percentage area 18 decrease show the numbers as negative, eg 55,000, 20% or (55,0001, (20%). Round percentages to 0 decimal places g. 12K) Increase or (Decrease Accounts receivable Inventory Accounts receivable Inventory Totalt Dec 31, 2017 $577,000 Net cash $808.000 Amount $570.000 $731.000 c base-year amount. d total assets amount. $3.163.000 Dec. 31, 2016 Total assets $3,168,000 $2.729.000 S Using these data from the comparative balance sheet of Sheridan Company, perform vertical analysis (Round percentages to 1 decimal place, es 12.5%) $379,000 $623.000 5 Inflow or Outflow Inflow or Outflow Inflow or Outflow Inflow or Outflow S Dec.31.2017 Percentage Balance, Jan. 1 Receipts from customers Dividends on stock investments Proceeds from sale of equipment Proceeds from issuance of bonds payable 303,700 Balance, Dec. 31 347.000 What amount of net cash provided by operating activities Amount % X Cash (Summary Form) by operating activities % Operating Investing Financing Operating Investing Financing Operating Investing Financing Operating Investing Financing Amount $370,000 $646.000 Percentage $2.770.000 Dec 31, 2016 8.500 384,200 Payments for goods 191.600 5.800 Payments for operating expenses 136.300 34,000 Interest paid 10,800 Taxes paid Dividends paid Percentage 8,100 42,400 should be reported in the statement of cash flows? $
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CALCULATIONS Circle the flow and business activity for each item below Sold land costing 20000 for 20000 cash Inflow or Outflow Operating Reason Selli... View the full answer
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