Question: Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid cash dividend

Exercise 12-8 Cash flows from financing activities LO P3 a. Net

Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid cash dividend of $14,600 d. Paid $50,000 cash to settle a note payable at its $50,000 maturity value e. Paid $12,000 cash to acquire its treasury stock f. Purchased equipment for $39,000 cash. Use the above information to determine this company's cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.) Cash flows from financing activities

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Exercise 12-9 Cash flows from financing activities LO P3 3 a. Net income was $474,000. b. Issued common stock for $78,000 cash. c. Paid cash dividend of $17,000. d. Paid $110,000 cash to settle a...

2. Exercise 12-9 Cash flows from financing activities LO P3 olnts a. Net income was $35,000. b. Issued common stock for $64,000 cash. c. Paid cash dividend of $14,600. d. Paid $50,000 cash to settle...

3 Exercise 12-9 Cash flows from financing activities LO P3 nts a. Net income was $467,000. b. Issued common stock for $77,000 cash. c. Paid cash dividend of $14,000. d. Paid $110,000 cash to settle a...

5 Exercise 12-9 Cash flows from financing activities LO P3 Dints a. Net income was $480,000 b. Issued common stock for $71,000 cash. c. Paid cash dividend of $14,000. d. Paid $100,000 cash to settle...

Exercise 16-8 Cash flows from financing activities LO P3 a. Net income was $35,000 b. Issued common stock for $64,000 cash. c. Paid cash dividend of $14,600. d. Paid $50,000 cash to settle a note...

Exercise 1 2 - 1 0 ( Algo ) Cash flows from financing activities LO P 3 a . Net income was $ 4 7 6 , 0 0 0 . b . Issued common stock for $ 7 2 , 0 0 0 cash. c . Paid cash dividend of $ 1 1 , 0 0 0 ....

Please help with all fields in red and missing entries as well. Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $476,000. b. Issued common stock for $73,000 cash. c. Paid...

Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $465,000. b. Issued common stock for $79,000 cash. c. Paid cash dividend of $12,000. d. Paid $125,000 cash to settle a note...

Ch 12 Ex 12-8 Seved Help Save & Exit Submit Check my work Exercise 12-8 Cash flows from financing activities LO P3 a. Net Income was $474,000 b. Issued common stock for $73,000 cash. c. Paid cash...

Exercise 12-9 Cash flows from financing activities LO P3 a. Net income was $477,000. b. Issued common stock for $74,000 cash. c. Paid cash dividend of $17,000. d. Paid $115,000 cash to settle a note...

Using the financial statement provided (an Excel spreadsheet with the data is available on Blackboard),. prepare a complete Statement of Cash Flows that shows both the direct method and the indirect...

Use Greens theorem to find the work done by the vector filed F = (4y 3x)i + (x 4y)j On a particle as the particle moves counterclockwise once around the ellipse x 2 + 4y 2 = 4.

Exceeding the Tolerable Upper Intake Level ( UL ) for vitamin C is most likely to cause Multiple Choice gastrointestinal distress. hair loss. Iver damage. pinpoint hemorthages under the skin.

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

You hired Kane Lawn Service to install lawn sprinklers and landscape the area surrounding your office building. For this work, Kane estimated the cost would be $12,000; you agreed to pay this...

Your student business organization has been contacted by Claudias, a clothing boutique, for help in promoting a Valentines Day sale. Claudias would like your organization to sell coupons for $5...

You and your siblings planned a party for your parents 25th wedding anniversary on October 12. As part of this celebration, you made a oral agreement with The Emotions to play live music for four...