Question: 27 In preparing its cash flow statement for the year ended December 31, 2021, Green Co. gathered the following data: Gain on sale of land
27
In preparing its cash flow statement for the year ended December 31, 2021, Green Co. gathered the following data: Gain on sale of land Proceeds from sale of land Purchase of Black, Inc., bonds (face value $200,000) Amortization of bond discount Cash dividends declared Cash dividends paid Proceeds from sales of Green Co. common stock $ 12,000 20,000 360,000 4,000 90,000 76,000 150,000 In its December 31, 2021, statement of cash flows, what amount should Green report as net cash from financing activities? Multiple Choice $40,000 $74,000 $54,000. Amortization of bond discount Cash dividends declared Cash dividends paid Proceeds from sales of Green Co. common stock 4,000 90,000 76,000 150,000 In its December 31, 2021, statement of cash flows, what amount should Green report as net cash from financing activities? Multiple Choice $40,000. $74,000 $54,000 $60,000
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