Citi Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information Cash dividends declared for the year Cash dividends payable at the beginning of the year Cash dividends payable at the end of the year The amount of cash paid for dividends was: Multiple Choice O $40,000. O $57,000. O $44,000. O $53,000. O $36,000. $ 40,000 17,000 13,000

Cash Flow RatiosSpencer Company reports the following amounts in its annual financial statements: Cash flow from operating activities $90,000   Capital expenditures $59,500* Cash flow from investing activities (68,000)   Average current assets 136,000 Cash flow from financing activities (8,500)   Average current liabilities 102,000 Net income 42,500   Total assets 255,000 * This amount is a cash outflowa. Compute Spencer's free cash flow.b. Compute Spencer's operating-cash-flow-to-current-liabilities ratio.c. Compute Spencer's operating-cash-flow-to-capital-expenditures ratio. Round ratios to two decimal points. a. Free cash flow Answer b. Operating-cash-flow-to-current-liabilities ratio Answer c. Operating-cash-flow-to-current-expenditures ratio Answer

For the year ended December 31, Year 1, Fields Company made cash payments of $53,200 for dividends, paid interest of $22,000, paid $31,200 cash to suppliers, and purchased equipment for $69,200 cash. What is the net cash used by investing activities for Year 1? Multiple Choice $175.600 $113.200 $69.200 $75.200

atio of Cash to Monthly Cash Expenses Financial data for Abrams Company follow:   For Year EndedDecember 31 Cash on December 31 $54,270       Cash flow from operations (97,200)       a. Compute the ratio of cash to monthly cash expenses. Round your answer to one decimal place.fill in the blank 1 months b. Interpret the results computed in (a).

The accountant for Robinson Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: RETAINED EARNINGS BALANCE AT BEGINNING OF YEAR $156,000 CAHS DIVIDENS DECLARED FOR THE YEAR $46,000 PROCEEDS FROM SALE OF EQUIPMENT $81,000 GAIN ON SALE OF EQUIPMENT $7,000 CASH DIVIDENDS PAYABLE BEGINNING OF YEAR $18,000 CASH DIVIDENDS PAYABLE ENDING OF YEAR $40,000 NET INCOME $92,000 The amount of cash dividends paid during the year would be:

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

The accountant for Crusoe Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available Retained earnings balance at the beginning of the year Cash dividends declared for the year Proceeds from the sale of equipment Gain on the sale of equipment Net income for the year What is the ending balance for retained earnings? Multiple Choice O $218,000 O $170,000 O $352.000 $172,000 $179,000 $ 126,000 46,000 81,000 7,000 92,000

Barclays Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:  Retained earnings balance at the beginning of the year $ 328,000 Cash dividends declared for the year 73,750 Proceeds from the sale of equipment 126,800 Gain on the sale of equipment 7,350 Cash dividends payable at the beginning of the year 32,450 Cash dividends payable at the end of the year 39,500 Net income for the year 162,250  The amount of cash paid for dividends was:

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The accountant for Robinson Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:   RETAINED EARNINGS BALANCE AT BEGINNING OF YEAR   $156,000 CAHS DIVIDENS DECLARED FOR THE YEAR                                 $46,000 PROCEEDS FROM SALE OF EQUIPMENT                            $81,000 GAIN ON SALE OF EQUIPMENT                                                         $7,000 CASH DIVIDENDS PAYABLE BEGINNING OF YEAR                      $18,000 CASH DIVIDENDS PAYABLE ENDING OF YEAR                      $40,000 NET INCOME                                                                                           $92,000 The amount of cash dividends paid during the year would be: