Question: Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $478,000. b. Issued common stock for $76,000 cash. c. Paid cash dividend

Exercise 12-8 Cash flows from financing activities LO P3 a. Net income was $478,000. b. Issued common stock for $76,000 cash. c. Paid cash dividend of $14,000. d. Paid $105,000 cash to settle a note payable at its $105,000 maturity value. e. Paid $115,000 cash to acquire its treasury stock. f. Purchased equipment for $90,000 cash. Book 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.) Print erences 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...

Exercise 16-9 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...

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 ....

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...

.Joint products A, B and C are produced by JNT Corp. For the month just ended, these data are available: * (2 Points) A 8,500 P10,200 8,400 B 9,700 C 6,900 P6,900 6,400 P4 Units produced Processing...

Harwood Company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. The company's predetermined overhead rate of $2.60 per machine-hour was based on a...

The entry to record a return of merchandise purchased on credit includes a debit to which account in the general ledger? purchases returns and allowances purchases accounts payable cash

Skills necessary for success in marketing include Multiple select question. analytical thinking advertising industry experience infallibility ability to work with others

If you were the dean of the SAS, knowing that the vice president does not want to set a collegewide policy, and Latoya appealed to you, what would you do? Would you develop a schoolwide policy for...

If you were Latoya, (a) knowing you had no verbal supporters during the meeting, would you have continued to defend your position or agreed to stop using a graduate assistant? (b) What do you think...

What would you do if you were Beth? (a) Would you talk to the dean, letting him know that Latoya said she would appeal the policy decision? (b) Which political behavior would that discussion...