Question: Exercise 12-8 Cash flows from financing activities LO P3 a. Net Income was $471,000. b. Issued common stock for $73,000 cash. c Pald 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 $471,000. b. Issued common stock for $73,000 cash. c Pald cash dividend of $18,000. d. Pald $110,000 cash to settle a note payable at Its $110,000 maturity value. e. Pald $116,000 cash to acquire its treasury stock. f. Purchased equipment for $85,000 cash. Use the above Information to determine this company's ah flows from financing activitles. (Amounts to be deducted should be Indiceted with e minus sign) Cash flows from financing activities Paid cash dividend S(18,000) Repaid note payable (110,000) Purchased treasury stock (116,000) Sale of common stock 73.000 (171.000)

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!

Jamie Lynn is the RM at a 250-room full-service hotel property. Her comp set includes five full- and limited-service properties: Property Number of Rooms Supply Sheraton 235 15.7% Radisson 220 14.7%...

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 16-9 Cash flows from financing activities LO P3 a. Net Income was $479,000. b. Issued common stock for $71,000 cash. C. Pald cash dividend of $18,000. d. Pald $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 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 12-9 Cash flows from financing activities LO P3 a. Net Income was $474,000. b. Issued common stock for $75,000 cash. c. Pald cash dividend of $12,000. d. Pald $110,000 cash to settle a note...

It can be shown that the trace of a matrix A equals the sum of the eigenvalues of A. Verify this statement for the case when A is diagonalizable.

Water, flowing in a channel at 30-cm depth, undergoes a hydraulic jump of dissipation 71%. Estimate (a) The downstream depth; and (b) The volume flow.

Fored income investments mary be subject to which of the following roks? Prepayment ribk. The risk of a company being downgraded by one of the ratings agencies. All of the above. Reinvestment rate...

9. (15 points) A company is considering a new project that requires an investment of \$5 million. The project is expected to generate cash flows of $2 million in year 1,$3 million in year 2, and $4...

6. Describe why communication is vital to everyone

2. Think of someone (a family member, a celebrity, a politician, a friend, a professor) who exhibits competent communication in a particular context. What behaviors does this person exhibit that make...

3. Keep a log of all the different channels (face to face, written, computer mediated, telephonic, others) you use to communicate during the course of one morning or afternoon. Do you regularly...