The balance sheet data of Sweet Company at the end of 2025 and 2024 follow. 2025...
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The balance sheet data of Sweet Company at the end of 2025 and 2024 follow. 2025 2024 Cash $29,700 $34,800 Accounts receivable (net) 54,700 45,400 Inventory 65,300 45,000 Prepaid expenses 15,100 25,200 Equipment 89,600 75,800 Accumulated depreciation-equipment (17,920) (7,900) Land 70,500 39,700 $306,980 $258,000 Accounts payable $64,400 $51,400 Accrued expenses 15,100 17,800 Notes payable-bank, long-term -0- 23,200 Bonds payable 30,200 -0- Common stock, $10 par 187,400 156,600 Retained earnings 9,880 9,000 $306,980 $258,000 Land was acquired for $30,800 in exchange for common stock, par $30,800, during the year; all equipment purchased was for cash. Equipment costing $12.900 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $9,900 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - sign e.g. -12,000 or in parenthesis e.g. (12,000).) a Net Cash provided by operating activities. $ 383900 b. Net Cash used by investing activities. $ C Net Cash used by financing activities. $ The balance sheet data of Sweet Company at the end of 2025 and 2024 follow. 2025 2024 Cash $29,700 $34,800 Accounts receivable (net) 54,700 45,400 Inventory 65,300 45,000 Prepaid expenses 15,100 25,200 Equipment 89,600 75,800 Accumulated depreciation-equipment (17,920) (7,900) Land 70,500 39,700 $306,980 $258,000 Accounts payable $64,400 $51,400 Accrued expenses 15,100 17,800 Notes payable-bank, long-term -0- 23,200 Bonds payable 30,200 -0- Common stock, $10 par 187,400 156,600 Retained earnings 9,880 9,000 $306,980 $258,000 Land was acquired for $30,800 in exchange for common stock, par $30,800, during the year; all equipment purchased was for cash. Equipment costing $12.900 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $9,900 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - sign e.g. -12,000 or in parenthesis e.g. (12,000).) a Net Cash provided by operating activities. $ 383900 b. Net Cash used by investing activities. $ C Net Cash used by financing activities. $
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