Question: D Question 9 8 pts In preparing a company's statement of cash flows for the year just ended, the following information is available: Loss on

D Question 9 8 pts In preparing a company's statement of cash flows for the year just ended, the following information is available: Loss on sale of equipment: $14.000 Purchase of equipment: $145,000 Proceeds from the sale of equipment: $126,000 Repayment of outstanding bonds: $87,000 Purchase of treasury stock: $62,000 Issuance of common stock: $96,000 Purchase of land: $115,000 Increase in accounts receivable during the year: $43,000 Decrease in accounts payable during the year: $75,000 Payment of cash dividends: $35,000 Net cash flows from financing activities for the year were: $222,000 cash used $130,000 cash used $88,000 cash used O $165,000 cash used $206,000 cash used D Question 10 8 pts In preparing a company's statement of cash flows for the year just ended, the following information is available: Loss on sale of equipment: $14,000 Purchase of equipment: $145,000 Proceeds from the sale of equipment: $126,000 Repayment of outstanding bonds: $87.000 Purchase of treasury stock: $62,000 Issuance of common stock: $96,000 Purchase of land: $115,000 Increase in accounts receivable during the year: $43,000 Decrease in accounts payable during the year: $75,000 Payment of cash dividends: $35,000 Net cash flows from investing activities for the year were: $252,000 cash used O $120,000 cash used $134,000 cash provided $88.000 cash used $221.000 cash provided O $134.000 cash used
Step by Step Solution
There are 3 Steps involved in it
To solve these questions we analyze the cash flows from financing and investing activities Question ... View full answer
Get step-by-step solutions from verified subject matter experts
