During 2014, North Dakota Company issued $1,000,000 in long-term bonds at 96 , repaid $150,000 of bonds at face value, paid interest of $80,000 , and paid dividends of $50,000 . Prepare the cash flows from the financing activities
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During 2014, North Dakota Company issued $1,000,000 in long-term bonds at 96 , repaid $150,000 of bonds at face value, paid interest of $80,000 , and paid dividends of $50,000 . Prepare the
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- Herbert Company reported the following information for 2013: Repaid long-term debt $75,000 Paid interest on note payable 1,570 Issued common stock 30,000 Paid dividends 18,000 Based on this information, what is the cash flow from financing activities?On year 2012, Prem Company has the ff financial operation information: Payment for the early retirement of bonds payable (carrying amount, USD15,600,000) USD 15, 700, 000 Distribution of cash dividend for 2012 to preferred shareholders (declared in 2011) 800,000 Proceeds from reissuance of treasury shares (cost of USD 930, 000) 1, 050, 000 How much should be reported as net cash used in financing operations in the 2012 statement of cash flows?BT21 Inc. has recorded the following transactions on its book for the year 2021. How much total Cash Inflow from financing activities that BT21 should reflected on its Statement of Cash Flow:i. Payment for interest of the issued bonds on April 1, 2021, 900.ii. Cash dividend received on the short-term investment, 5,000iii. Depreciation on plant that manufactures goods for sale, 6,000.iv. Payment of income tax on gain on sale of treasury bills, 2,000.v. Issued 500 ordinary shares for 50,000.vi. Received cash from interest on the acquired treasury bonds of BigHit Corp, 2,400.vii. Payment for marketable securities, 12,000.
- The following is the comparative balance sheet of Manish Ltd. Prepare a Cash Flow Statement for the year ended 31 December, 2016 from the details given below: Liabilities Assets 31st Dec., 31st Dec., 2015 31st Dec., 31st Dec., 2015 2016 2016 Share Capital Reserves & Surplus 30,000 755,000 Long-term loans Current Liabilities 740,000 40,000 Fixed assets 760,000 792,500 Depreciation 17,500 727,500 Inventory Accounts 720,000 730,000 715,000 26,000 740,000 735,000 20,000 734,000 Receivable Dividend Provision 25,000 71,05,000 1,59,000 The Income statement for Manish Ltd. for the year ended 31 78,000 1,05,000 1,59,000 Cash 72,500 December 2015 shows the following information: Sales Cost of Sales Tax provisions Dividend provided Amount() 1,45,000 99,000 12,500 8,000Stansfield Corporation had the following activities in 2020. Payment of accounts payable $770,000. Issuance of common stock $250,000. Payment of dividends $350,000. Collection of note receivable $100,000. Issuance of bonds payable $510,000. Purchase of treasury stock $46,000. Compute the amount Stansfield should report as net cash provided (used) by financing activities in its 2020 statement of cash flows.BTS Inc. has recorded the following transactions on its book for the year 2021. How much total Cash Inflow from financing activities that BTS should reflected on its Statement of Cash Flow:i. Payment for interest of the issued bonds on April 1, 2021, 900.ii. Cash dividend received on the short-term investment, 5,000iii. Depreciation on plant that manufactures goods for sale, 6,000.iv. Payment of income tax on gain on sale of treasury bills, 2,000.v. Issued 500 ordinary shares for 50,000.vi. Received cash from interest on the acquired treasury bonds of BigHit Corp, 2,400.vii. Payment for marketable securities, 12,000
- GRAY Company uses the direct method to prepare its statement of cash flows. GRAY had the following cash flows during 2021: Cash receipts from sale of an old van - P 160,000; Cash receipts from issuance of ordinary shares - P 2,000,000; Cash receipts from the issuance of 10%, 10-yr bonds - P 1,500,000; Cash receipts from customers - P 1,000,000; Cash receipts from repayment of loan made to another company - P 1,200,000; cash receipts from dividends - P 150,000; Cash receipts from interest - P 150,000; Cash payments for operating expenses - P 650,000; Cash payments for taxes - P300,000; Cash payments for equity securities bought classified as FVOCI - P 900,000; Cash payment for equipment purchased -P 300,000; Cash payments for land required - P 1,200,000. What is the net cash provided (used) from investing activities?Vaden Corp. reported long-term borrowings of $9,400,000, repayments of long-term borrowings of $3,500,000, interest payments of $230,000, repurchase of treasury shares of $150,000, sale of investment securities for $170,000 and cash dividends declared and paid of $95,000. Calculate Vaden’s net cash flow from financing activities.The following is the comparative balance sheet of Manish Ltd. Prepare a Cash Flow Statement for the year ended 31 December, 2016 from the details given below: Liabilities Assets 31st Dec., 31st Dec., 2015 31st Dec., 31st Dec., 2015 2016 2016 Share Capital Reserves & Surplus 730,000 755,000 Long-term loans Current Liabilities Fixed assets 760,000 792,500 Depreciation 717,500 27,500 Inventory Accounts 740,000 740,000 720,000 30,000 715,000 26,000 740,000 735,000 20,000 734,000 Receivable Dividend Provision 78,000 マ1,05,000 1,59,000 Cash 72,500 725,000 そ1,05,000 マ1,59,000 The Income statement for Manish Ltd. for the year ended 31 December 2015 shows the following information: Amount(*) 1,45,000 99,000 12,500 8,000 Sales Cost of Sales Tax provisions Dividend provided
- Boombayah has recorded the following transactions on its book for the year 2020. How much total Cash Inflow from financing activities that Boombayah should reflected on its Statement of Cash Flow:i. Payment for interest of the issued bonds on April 1, 2020, 90.ii. Cash dividend received on the short-term investment, 500iii. Depreciation on plant that manufactures goods for sale, 600.iv. Payment of income tax on gain on sale of treasury bills, 200.v. Issued 50 ordinary shares for 5,000.vi. Received cash from interest on the acquired treasury bonds of Sheshe, 240.vii. Payment for marketable securities, 1200.In preparation for developing its statement of cash flows for the year ended December 31, 2016, Millennium Solutions,Inc., collected the following information ($ in millions): Payment for the early extinguishments oflong-term notes (book value: $50 million) $.................54Sale of common shares...............176Retirement of common share...............122Loss on sale of equipment ................. 2Proceeds from sale of equipment ................... 8Issuance of short-term note payable for cash................. 10Acquisition of building for cash............... 7Purchase of marketable securities (not a cash equivalent).............. 5Purchase of marketable securities (considered a cash equivalent)............1Cash payment for 3-year insurance policy.............3Collection of note receivable with interest (principal amount, $11)..............13Declaration of cash dividends............. 33Distribution of cash dividends declared in 2015 ................. 30Required:1. In Millennium’s…28. mELON Inc. has recorded the following transactions on its book for the year 2021. How much total Cash Inflow from financing activities that BT21 should reflected on its Statement of Cash Flow:i. Payment for interest of the issued bonds on April 1, 2021, 900.ii. Cash dividend received on the short-term investment, 5,000iii. Depreciation on plant that manufactures goods for sale, 6,000.iv. Payment of income tax on gain on sale of treasury bills, 2,000.v. Issued 500 ordinary shares for 50,000.vi. Received cash from interest on the acquired treasury bonds of BigHit Corp, 2,400.vii. Payment for marketable securities, 12,000.