During the current year, Royal Industries sold treasury stock for $32,000 cash. The treasury stock was purchased last year for $28,000. The company also issued bonds payable for $430,000 cash and declared and paid dividends of $40,000. What amount did Royal report on its statement of cash flows for cash provided by financing activities? O $390,000 O $394,000 O $422,000 O $434,000

In 2020, Stark Company Inc. had the following cash transactions: Issuance of common stock $175,000 $62,500 Sale of land Payment of dividends to stockholders $20,000 Sale of investments $78,750 Sale of treasury stock $70,000 Payment of long-term note payable $250,875 Net cash provided by (used in) Financing activities is: O ($25,875) O ($145,875) O ($5,875) O $141,250

Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Retired $340,000 of bonds, on which there was $3,400 of unamortized discount, for $354,000. b. Sold 7,000 shares of $25 par common stock for $56 per share. c. Sold equipment with a book value of $65,500 for $94,300. d. Purchased land for $326,000 cash. e. Purchased a building by paying $81,000 cash and issuing a $90,000 mortgage note payable. f. Sold a new issue of $280,000 of bonds at 97. g. Purchased 2,800 shares of $20 par common stock as treasury stock at $39 per share. h. Paid dividends of $2.50 per share. There were 21,000 shares issued and 3,000 shares of treasury stock. Effect Amount Cash payment а. b. Cash receipt Cash receipt C. d. Cash payment $1 Cash payment е. f. Cash receipt Cash payment g. h. Cash payment

Harrison Recyclers Company uses the indirect method to prepare its statement of cash flows. Refer to the following information: Retained Earnings, beginning balance, $142,000 Retained Earnings, ending balance, $121,000 There is a net loss of $15,000 for the year   What is the amount of dividends declared during the year? A  $                 15,000.00 B  $                 36,000.00 C  $                    6,000.00 D  $                 13,000.00

For 20X1, MAP Inc. had net income of $8,100 and collected the following information: Received dividends $1,200 Decrease in merchandise inventory 1,800 Decrease in long-term notes payable 3,200 Increase in retained earnings 6,100 Cash received from sale of equipment 3,500 Issued common stock for cash 3,700 Based on this information, what is MAP's net cash provided (used) by financing activities for 20X1? $500 ($1,500) ($2,200) $3,700 D

Effect of Transactions on Cash Flows State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: Retired $210,000 of bonds, on which there was $2,100 of unamortized discount, for $218,000. Sold 12,000 shares of $15 par common stock for $29 per share. Sold equipment with a book value of $47,600 for $68,500. Purchased land for $311,000 cash. Purchased a building by paying $61,000 cash and issuing a $100,000 mortgage note payable. Sold a new issue of $160,000 of bonds at 97. Purchased 6,500 shares of $45 par common stock as treasury stock at $86 per share. Paid dividends of $2.00 per share. There were 29,000 shares issued and 5,000 shares of treasury stock.

MechTech Incorporated started the year with $120,400 cash and reported net cash provided by operating activities of $242,500, cash paid for dividends of $50,200, cash received from stock issuance of $47,000, cash paid for equipment purchases of $158,500, cash paid for intangible assets of $125,500, and cash paid on bank loan of $43,500. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate net cash provided by (used in) investing activities. (Amounts to be deducted should be indicated with a minus sign.) Investing Activities Cash paid for equipment purchases Net cash provided by (used in) investing activities + $ Amount (158,500) (158,500)

Oriole Company purchased treasury stock with a cost of $68200 during 2022. During the year, the company paid dividends of $24800 and issued bonds payable for proceeds of $1086200. Cash flows from financing activities for 2022 total $93000 net cash outflow. $993200 net cash inflow. $1129600 net cash inflow. $1061400 net cash inflow.

Accounting Net income was $469,000. Issued common stock for $77,000 cash. Paid cash dividend of $14,000. Paid $110,000 cash to settle a long-term notes payable at its $110,000 maturity value. Paid $117,000 cash to acquire its treasury stock. Purchased equipment for $92,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)

Effect of Transactions on Cash Flows State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: Retired $260,000 of bonds, on which there was $2,600 of unamortized discount, for $270,000. Sold 12,000 shares of $25 par common stock for $54 per share. Sold equipment with a book value of $63,000 for $90,700. Purchased land for $381,000 cash. Purchased a building by paying $49,000 cash and issuing a $100,000 mortgage note payable. Sold a new issue of $200,000 of bonds at 98. Purchased 6,500 shares of $30 par common stock as treasury stock at $59 per share. Paid dividends of $2.10 per share. There were 26,000 shares issued and 4,000 shares of treasury stock.