In 2022, Royal Flush Plumbers reported net income equal to $1,000. The company reported Depreciation expense of $200. The company repurchased 10 shares of treasury stock for $500 (10 shares for $50 each). The stock had a par value of $5. The company also paid a dividend of $80 ($0.80 x 100 shares). What was the company's Cash From financing in 2022? (make the number negative if it is a net cash outflow) Type your answer....
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- Rebecky's Flowers 4U, Incorporated, had free cash flows during 2024 of $54 million, NOPAT of $98 million, and depreciation of $22 million. Using this information, fill in the blanks on Rebecky's balance sheet below. Note: Enter your answers in millions of dollars. (i.e., Enter 10,000,000 as 10.) Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Assets Gross plant and equipment Less: Accumulated depreciation Net plant and equipment Other long-term assets Total Total assets 2024 $ $ $ $ $ $ REBECKY'S FLOWERS 4U, INCORPORATED Balance Sheet as of December 31, 2024 and 2023 (in millions of dollars) 35 $ 94 143 272 $ 2023 540 $ 72 468 $ 90 558 $ 830 $ Liabilities and Equity Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total Long-term debt 490 Stockholders' equity 32 84 124 240 Preferred stock (5 million shares) Common stock and paid-in surplus (40 million shares) 50 440 90 Retained earnings 530 Total 770 Total…Pearl Co. reported $144,400 of net income for 2025. The accountant, in preparing the statement of cash flows, noted the following items occurring during 2025 that might affect cash flows from operating activities. 1. 2. 3. 4. 5. 6. 7. 8. Pearl purchased 100 shares of treasury stock at a cost of $20 per share. These shares were then resold at $25 per share. Pearl sold 100 shares of IBM common at $180 per share. The acquisition cost of these shares was $140 per share. There were no unrealized gains or losses recorded on this investment in 2025. Pearl revised its estimate for bad debts. Before 2025, Pearl's bad debt expense was 1% of its receivables. In 2025, this percentage was increased to 2%. Net accounts receivable decreased by $12,400 during 2025. Pearl issued 500 shares of its $10 par common stock for a patent. The market price of the shares on the date of the transaction was $23 per share. Depreciation expense is $35,800. Pearl Co. holds 40% of the Nirvana Company's common stock as…Bonita Co. reported $150,000 of net income for 2020. The accountant, in preparing the statement of cash flows, noted the following items occurring during 2020 that might affect cash flows from operating activities. 1. 2. 3. 4. 5. 6. N 7. 8. Bonita purchased 100 shares of treasury stock at a cost of $20 per share. These shares were then resold at $25 per share. Bonita sold 100 shares of IBM common at $200 per share. The acquisition cost of these shares was $140 per share. There were no unrealized gains or losses recorded on this investment in 2020. Bonita revised its estimate for bad debts. Before 2020, Bonita's bad debt expense was 1% of its receivables. In 2020, this percentage was increased to 2%. Net account for 2020 were $456,200, and net accounts receivable decreased by $12,200 during 2020. Bonita issued 500 shares of its $10 par common stock for a patent. The market price of the shares on the date of the transaction was $23 per share. Depreciation expense is $35,300. Bonita Co.…
- 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.Crane Co. reported $142,000 of net income for 2020. The accountant, in preparing the statement of cash flows, noted the following items occurring during 2020 that might affect cash flows from operating activities. 1. Crane purchased 100 shares of treasury stock at a cost of $20 per share. These shares were then resold at $25 per share. 2. Crane sold 100 shares of IBM common at $200 per share. The acquisition cost of these shares was $130 per share. There were no unrealized gains or losses recorded on this investment in 2020. 3. Crane revised its estimate for bad debts. Before 2020, Crane’s bad debt expense was 1% of its receivables. In 2020, this percentage was increased to 2%. Net account for 2020 were $545,900, and net accounts receivable decreased by $12,000 during 2020. 4. Crane issued 500 shares of its $10 par common stock for a patent. The market price of the shares on the date of the transaction was $23 per share. 5. Depreciation expense is $39,800. 6.…Spa Essentials Corporation purchased treasury stock with a cost of $54,000 during 2022. During the year, the company paid dividends of $20,000 and issued bonds payable for proceeds of $900,000. Cash flows from financing activities for 2022 total: $880,000 net cash inflow. $826,000 net cash inflow. $675,000 net cash outflow. $550,000 net cash outflow.
- Swifty Corporation purchased treasury stock with a cost of $38500 during 2022. During the year, the company paid dividends of $14000 and issued bonds payable for proceeds of $613200. Cash flows from financing activities for 2022 total $637700 net cash inflow. $52500 net cash outflow. O $560700 net cash inflow. O $599200 net cash inflow.Ivanhoe Co. reported $145,700 of net income for 2020. The accountant, in preparing the statement of cash flows, noted the following items occurring during 2020 that might affect cash flows from operating activities. 1. Ivanhoe purchased 100 shares of treasury stock at a cost of $20 per share. These shares were then resold at $25 per share.2. Ivanhoe sold 100 shares of IBM common at $190 per share. The acquisition cost of these shares was $140 per share. There were no unrealized gains or losses recorded on this investment in 2020.3. Ivanhoe revised its estimate for bad debts. Before 2020, Ivanhoe’s bad debt expense was 1% of its receivables. In 2020, this percentage was increased to 2%. Net account for 2020 were $464,100, and net accounts receivable decreased by $10,800 during 2020.4. Ivanhoe issued 500 shares of its $10 par common stock for a patent. The market price of the shares on the date of the transaction was $23 per share.5. Depreciation expense is $35,600.6. Ivanhoe Co. holds…Coronary, Inc. had the following transactions during 2020: Purchased new fixed assets for $35,000 Converted $20,000 worth of preferred shares to common shares Received cash dividends of $11,000. Paid cash dividends of $20,000. • Repaid mortgage principal of $17,000 . . . Assuming Coronary follows U.S. GAAP, which of the following amounts represents Coronary's cash flows from investing and cash flows from financing in 2020? Investing: ($35,000); Financing: ($37,000) Investing: ($24,000); Financing: ($26,000) Investing: ($35,000): Financing: ($26,000)
- On BeDeM Inc.'s 2023 income statement, you observe that: Sales $212,000 Cost of Sales = $50,000 Depreciation and Amortization . Other Income $0 = $42,000 From BeDeM Inc.'s 2023 statement of cash flows, you observe that the firm distributed $39,000 as dividends to its stockholders, which was 75% of its net income in 2023. Given that the firm's operating expenses were $51,000 in 2023, and earnings are taxed at 21%. (a) Calculate the firm's EBITDA in 2023. (b) Find the firm's EBITDA/Interest Coverage ratio in 2023.Stellar Co. reported $145,700 of net income for 2020. The accountant, in preparing the statement of cash flows, noted the following items occurring during 2020 that might affect cash flows from operating activities. 1. Stellar purchased 100 shares of treasury stock at a cost of $20 per share. These shares were then resold at $25 per share. 2. Stellar sold 100 shares of IBM common at $200 per share. The acquisition cost of these shares was $160 per share. There were no unrealized gains or losses recorded on this investment in 2020. 3. Stellar revised its estimate for bad debts. Before 2020, Stellar’s bad debt expense was 1% of its receivables. In 2020, this percentage was increased to 2%. Net account for 2020 were $485,400, and net accounts receivable decreased by $12,800 during 2020. 4. Stellar issued 500 shares of its $10 par common stock for a patent. The market price of the shares on the date of the transaction was $23 per share. 5. Depreciation expense is…The December 31, 2021, balance sheet of Chen, Incorporated, showed $140,000 in the common stock account and $2,650,000 in the additional paid-in surplus account. The December 31, 2022, balance sheet showed $150,000 and $2,950,000 in the same two accounts, respectively. The company paid out $145,000 in cash dividends during 2022. What was the cash flow to stockholders for the year? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Cash flow to stockholders