Bad Brad's BBQ had cash flows for the year as follows ($ in millions):           CASH RECEIVED FROM:       Customers $ 3,000   Interest on investments   220   Sale of land   180   Sale of common stock   540   Issuance of debt securities   2,400           CASH PAID FOR:       Interest on debt $ 290   Income tax   110   Debt principal reduction   1,650   Purchase of equipment   4,000   Purchase of inventory   750   Dividends on common stock   180   Operating expenses   750     Bad Brad's would report net cash inflows (outflows) from operating activities in the amount of:   Multiple Choice   $1,140.   $1,320.   $1,610.   $(1,430) .

Bad Brad's BBQ had cash flows for the year as follows ($ in millions):          CASH RECEIVED FROM:       Customers $ 3,300   Interest on investments   290   Sale of land   110   Sale of common stock   560   Issuance of debt securities   2,800           CASH PAID FOR:       Interest on debt $ 290   Income tax   120   Debt principal reduction   1,550   Purchase of equipment   4,300   Purchase of inventory   900   Dividends on common stock   200   Operating expenses   600     Bad Brad's would report net cash inflows (outflows) from investing activities in the amount of:   Multiple Choice   $110.   $(1,390).   $(4,300).   $(4,190).

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:

The following summary transactions occurred during the year for Bluebonnet. Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $380,000 6,000 Cash flows from investing activities: -50,000 30,000 100,000 Net cash flows from investing activities 160,000 5,000 85,000 90,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) 25,000 20,000 BLUEBONNET COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 $ 0

Moore Company is preparing its statement of cash flows for the current year. During the year, the company retired two issuances of debt and properly recorded the transactions. These transactions were as follows: Paid cash of $12,700 to retire bonds payable with a face value of $15,000 and a book value of $13,300. Paid cash of $48,000 to retire bonds payable with a face value of $45,000 and a book value of $47,000. Required: Record, in journal entry form, the entries that Moore would make for the preceding transactions on its spreadsheet to prepare its statement of cash flows. If an amount box does not require an entry, leave it blank.

Zirkle Company borrowed $129,000 from Plains Bank on July 31, Year 1. The note carried a 6% interest rate with a one-year term to maturity Required: a. Show the effects of borrowing the money and the December 31, Year 1 adjustment on the accounting equation. b. What is the amount of interest expense for Year 1? c. Prepare a statement of cash flows for the Zirkle Company for Year 1. Complete this question by entering your answers in the tabs below. Required A Required B Required C Show the effects of borrowing the money and the December 31, Year 1 adjustment on the accounting equation. Note: Enter any decreases to account balances with a minus sign. Leave cells blank if no input is needed. ZIRKLE COMPANY Effect of Adjustment on the Accounting Equation Event Year 1 July 31 December 31 December 31, Year 1 Assets Liabilities Stockholders' Equity Raquinad A Required B > 13

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