For each company, calculate the ratio of cash to noncash assets.   Cash           Total Assets Total Liabilities Tuohy Incorporated     $4,200 $23,400 $3,600 Oher Corporation    $3,500 $25,700 $6,200 Calculate the ratio of cash to noncash assets

Show the computation of Cash-Flow from Assets and how this Cash-Flow is distributed to Debtholders (or Creditors) and Stockholders.

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: a. Retired $220,000 of bonds, on which there was $2,200 of unamortized discount, for $229,000. b. Sold 12,000 shares of $30 par common stock for $53 per share. c. Sold equipment with a book value of $52,900 for $76,200. d. Purchased land for $329,000 cash. e. Purchased a building by paying $75,000 cash and issuing a $120,000 mortgage note payable. f. Sold a new issue of $320,000 of bonds at 98. g. Purchased 4,900 shares of $35 par common stock as treasury stock at $63 per share. h. Paid dividends of $2.20 per share. There were 19,000 shares issued and 3,000 shares of treasury stock. Effect Amount а. b. $ С. d. е. $ f. $ g. 2$ h.

Statement of cash flows—indirect method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Line Item Description December 31, 20Y9 December 31, 20Y8 Assets     Cash $305,280 $281,690 Accounts receivable (net) 110,590 101,170 Inventories 312,180 299,530 Investments 0 116,050 Land 160,130 0 Equipment 344,450 264,830 Accumulated depreciation—equipment (80,640) (71,410) Total assets $1,151,990 $991,860 Liabilities and Stockholders' Equity     Accounts payable (merchandise creditors) $208,510 $195,400 Accrued expenses payable (operating expenses) 20,740 25,790 Dividends payable 11,520 8,930 Common stock, $10 par 62,210 48,600 Paid-in capital in excess of par—common stock 233,850 134,890 Retained earnings 615,160 578,250 Total liabilities and stockholders' equity $1,151,990 $991,860 Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: Equipment and land…

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 $310,000 of bonds, on which there was $3,100 of unamortized discount, for $322,000. b. Sold 7,000 shares of $30 par common stock for $59 per share. c. Sold equipment with a book value of $48,700 for $70,100. d. Purchased land for $406,000 cash. e. Purchased a building by paying $51,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $180,000 of bonds at 99. g. Purchased 2,900 shares of $25 par common stock as treasury stock at $46 per share. h. Paid dividends of $2.00 per share. There were 25,000 shares issued and 4,000 shares of treasury stock. a. b. C. d. e. f. 9. h. Effect Amount

Statement of Cash Flows—Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows:   Dec. 31, 20Y9 Dec. 31, 20Y8 Assets     Cash $226,390   $211,080   Accounts receivable (net) 82,010   75,810   Inventories 231,510   224,450   Investments 0   86,960   Land 118,750   0   Equipment 255,440   198,450   Accumulated depreciation—equipment (59,800)   (53,510)     Total assets $854,300   $743,240         Liabilities and Stockholders' Equity     Accounts payable $154,630   $146,420   Accrued expenses payable 15,380   19,320   Dividends payable 8,540   6,690   Common stock, $10 par 46,130   36,420   Paid-in capital: Excess of issue price over par-common stock 173,420   101,080   Retained earnings 456,200   433,310     Total liabilities and stockholders’ equity $854,300   $743,240   Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: Equipment and…

Statement of cash flows—indirect method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Line Item Description December 31, 20Y9 December 31, 20Y8 Assets     Cash $230,690 $215,090 Accounts receivable (net) 83,570 77,250 Inventories 235,920 228,730 Investments 0 88,610 Land 121,010 0 Equipment 260,290 202,220 Accumulated depreciation—equipment (60,940) (54,530) Total assets $870,540 $757,370 Liabilities and Stockholders' Equity     Accounts payable (merchandise creditors) $157,570 $149,200 Accrued expenses payable (operating expenses) 15,670 19,690 Dividends payable 8,710 6,820 Common stock, $10 par 47,010 37,110 Paid-in capital in excess of par—common stock 176,720 103,000 Retained earnings 464,860 441,550 Total liabilities and stockholders' equity $870,540 $757,370 Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: Equipment and land were…

Statement of cash flows—indirect method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows: Line Item Description December 31, 20Y9 December 31, 20Y8 Assets     Cash $269,900 $253,670 Accounts receivable (net) 97,780 91,110 Inventories 276,000 269,750 Investments 0 104,510 Land 141,570 0 Equipment 304,530 238,490 Accumulated depreciation—equipment (71,290) (64,310) Total assets $1,018,490 $893,220 Liabilities and Stockholders' Equity     Accounts payable (merchandise creditors) $184,350 $175,960 Accrued expenses payable (operating expenses) 18,330 23,220 Dividends payable 10,180 8,040 Common stock, $10 par 55,000 43,770 Paid-in capital in excess of par—common stock 206,750 121,480 Retained earnings 543,880 520,750 Total liabilities and stockholders' equity $1,018,490 $893,220 Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: Equipment and land…

Review the statement of cash flows for Tesla Motors Inc. in ATC 14-1 on page 688. Discuss the cash position of the company by considering the following: How is Tesla repaying its debt?

Statement of Cash Flows—Indirect Method The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows:   Dec. 31, 20Y9 Dec. 31, 20Y8 Assets     Cash $239,460   $223,010   Accounts receivable (net) 86,750   80,100   Inventories 244,880   237,150   Investments 0   91,870   Land 125,600   0   Equipment 270,190   209,660   Accumulated depreciation—equipment (63,250)   (56,540)     Total assets $903,630   $785,250         Liabilities and Stockholders' Equity     Accounts payable $163,560   $154,690   Accrued expenses payable 16,270   20,420   Dividends payable 9,040   7,070   Common stock, $10 par 48,800   38,480   Paid-in capital: Excess of issue price over par-common stock 183,440   106,790   Retained earnings 482,520   457,800     Total liabilities and stockholders’ equity $903,630   $785,250   Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows: Equipment and…