In preparing its cash flow statement for the year ended December 31, 2024, Green Company gathered...

 

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In preparing its cash flow statement for the year ended December 31, 2024, Green Company gathered the following data: Gain on sale of land Proceeds from sale of land Purchase of Black, Incorporated bonds (face value $205,000) Decrease in discount on bonds payable Cash dividends declared Cash dividends paid Proceeds from sales of Green Company common stock In Its December 31, 2024, statement of cash flows, what amount should Green report as net cash from financing activities? Multiple Choice $158,000 $77,000 $22,000 $ 12,500 21, 200 363,000 4,600 99,000 77,000 154,000 $55,000 In preparing its cash flow statement for the year ended December 31, 2024, Green Company gathered the following data: Gain on sale of land Proceeds from sale of land Purchase of Black, Incorporated bonds (face value $205,000) Decrease in discount on bonds payable Cash dividends declared Cash dividends paid Proceeds from sales of Green Company common stock In Its December 31, 2024, statement of cash flows, what amount should Green report as net cash from financing activities? Multiple Choice $158,000 $77,000 $22,000 $ 12,500 21, 200 363,000 4,600 99,000 77,000 154,000 $55,000

Answer rating: 100% (QA)

The detailed answer for the above question is provided below Answer 158000 Net cash from financing activities is calculated by adding cash received fr... View the full answer