22. Dolan Company reports its income from investments under the equity method and recognized income of $25,000 from its investment in Moss Co. during the current year, even though no dividends were declared or paid by Moss during the year. On Dolan's statement of cash flows (indirect method), the $25,000 should be shown as cash inflow from investing activities. be shown as cash outflow from financing activities. be shown as a deduction from net income in the cash flows from operating activities section. not be shown.

The following select information for Flint Inc. has been provided for the year ended December 31, 2023: Net Cash provided from Operating Activities Investing Activities: Sale of Long-term investments Purchase of PPE Net Cash Used by Investing Activities Financing Activities: Repayment of Loan Payable Issue of Common Shares Payment of dividends Net Cash Provided by Financing Activities Current Assets Non-Current Assets (net) Current Liabilities Non-Current Liabilities What is Flint's Free Cash Flow? O $314600 O $235400 O $159600 O $177700 2023 $676900 1252000 488600 766900 75800 155000 (29400) 61400 (18100) 2022 $663000 1119900 453800 700450 $332700 79200 13900

Using the Exhibit below, assume that the balance of Accounts Payable was $60,000 at the beginning of the current year.  Furthermore, assume that the balance of Accounts Payable is $65,000 at the end of the current year.  When preparing the Statement of Cash Flow using the indirect method for the current year, which of the following statements would describe the proper presentation of accounts payable on the Cash flow from operating activities section? EXHIBIT                                                                                           Increase                                                                                     (Decrease)      Net Income (loss)                                                         $XXX Adjustments to reconcile net income to net cash flow        from operating activities:    Depreciation of fixed assets                                       XXX    Losses on disposal of assets                                      XXX    Gains on disposal of…

Assume a company’s balance sheet showed beginning and ending balances in the Long-Term Investments account of $1,100,000 and $900,000, respectively. The company sold a long-term investment that cost $300,000 and recorded a gain on this sale of $35,000. Based solely on the information provided, the company’s net cash provided by (used in) investing activities would be:   Multiple Choice   $200,000.   $300,000.   $235,000.   $335,000.

On May 1, Year 3, Love Corporation declared a $59,700 cash dividend to be paid on May 31 to shareholders of record on May 15. Required Record the events occurring on May 1 and May 31 in the following horizontal statements model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), Investing activities (IA), or financing activities (FA). Note: Enter any decreases to account balances and cash outflows with a minus sign. Leave cells blank if no input is needed. Date May 01 May 31 Assets Balance Sheet Liabilities + • Common Stock LOVE CORPORATION Horizontal Statements Model Retained Revenus Earnings Income Statement Expenses Net Income Flows

A company borrows $10,000 and signs a 2-year nontrade note payable. In preparing a statement of cash flows (indirect method), this event would be reflected as a(n)     addition adjustment to net income in the cash flows from operating activities section.     cash outflow from investing activities.     cash inflow from financing activities.     cash inflow from investing activities.

On May 1, Year 3, Love Corporation declared a $68,700 cash dividend to be paid on May 31 to shareholders of record on May 15. Required Record the events occurring on May 1 and May 31 in the following horizontal statements model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA).

On May 1, Year 3, Love Corporation declared a $74,100 cash dividend to be paid on May 31 to shareholders of record on May 15. Required Record the events occurring on May 1 and May 31 in the following horizontal statements model. Also, in the Statement of Cash Flows column, classify the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). Note: Enter any decreases to account balances and cash outflows with a minus sign. Leave cells blank if no input is needed. Date May 01 May 31 Assets Balance Sheet Liabilities Common Stock LOVE CORPORATION Horizontal Statements Model Retained Earnings Revenue Income Statement Expenses Net Income Statement of Cash Flows

Use the following information to calculate the net cash provided (inflow) or used by (outflow) from financing activities for the Lulu Corporation: (a) Net income, $10,000 (b) Sold common stock for $40,000 cash (c) Paid cash dividend of $13,000 (d) Repayment of bond payable, $26,000 (e) Purchased equ for $12,000 cash (f) Issued long term mortgage notes payable for $250,000 cash. (Note: in the answer space, write only the number, with no $ signs or commas. That is, if your answer is $1,000, white it as : 1000 ). Answer: