Please answer fast without plagiarism please Multiple Choice Question 60Tamarisk, Inc. had the following transactions during 2017:1. Issued $260000 of par value common stock for cash.2. Recorded and paid wages expense of $124800.3. Acquired land by issuing common stock of par value $104000.4. Declared and paid a cash dividend of $20800.5. Sold a long-term investment (cost $6240) for cash of $6240.6. Recorded cash sales of $832000.7. Bought inventory for cash of $332800.8. Acquired an investment in Zynga stock for cash of $43680.9. Converted bonds payable to common stock in the amount of $1040000.10. Repaid a 6-year note payable in the amount of $457600.What is the net cash provided by operating activities?$374400.$634400.$603200.$499200.

Cash flow statement :— It is one of the financial statements that shows change in cash and cash…

Answered: Multiple Choice Question 60 Tamarisk,…

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter7: Receivables And Investments

Section: Chapter Questions

Problem 7.15E

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Oriole Companyhad the following transactions during 2022:1. Issued $280000 of par value common stock for cash.2. Recorded and paid wages expense of $134400.3. Acquired land by issuing common stock of par value $112000.4. Declared and paid a cash dividend of $22400.5. Sold a long-term investment (cost $6720) for cash of $6720.6. Recorded cash sales of $896000.7. Bought inventory for cash of $358400.8. Acquired an investment in Zynga stock for cash of $47040.9. Converted bonds payable to common stock in the amount of $1120000.10. Repaid a 6-year note payable in the amount of $492800.What is the net cash provided by investing activities? $474880 ($40320). ($152320). $967680.
View Policies Current Attempt in Progress The following data are available for Marigold Company. Increase in accounts $120300 payable Increase in bonds payable 300700 Sale of investments 149200 Issuance of common stock 159500 Payment of cash 90700 dividends Net cash provided by financing activities is: O $369500. O $421000. O $359200. O $178800. Save for Later Attempts: 0 of 1 used Submit Answer
Joy Elle's Vegatable Market had to following transactions during 2017: (1) Issued $100,000 of par value ordinary shares for cash. (2) Repaid a 6-year bank loan in the amount of $44,000. (3) Acquired land by issuing ordinary shares of per value $200,000. (4) Declared and paid a cash dividend of $4,000. (5) Sold a non-current investment (cost $84,000) for cash of $12,000. (6) Acquired an investment in IBM shares for casah of $24,000. What is the net cash provided by financing activities? a) $52,000 b) $100,000 c) $36,000 d) $56,000
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