r Containers sold marketable equity securities, land, and common stock for $40.0 million, $13.5 million, and $35.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $10.0 million, $22.5 million, and $14.6 million, respectiv
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Carter Containers sold marketable equity securities, land, and common stock for $40.0 million, $13.5 million, and $35.0 million, respectively. Carter also purchased
Required:
What amount should Carter report as net cash from financing activities?
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- Carter Containers sold marketable equity securities, land, and common stock for $25.0 million, $14.5 million, and $45.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $12.0 million, $23.5 million, and $13.6 million, respectively.Required: What amount should Carter report as net cash from investing activities?Carter Containers sold marketable equity securities, land, and common stock for $30 million, $15 million, and $40 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $21 million, $25 million, and $12 million, respectively. What amount should Carter report as net cash from investing activities?Carter Containers sold marketable securities, land, and common stock for $30 million, $15 million, and $40 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $21 million, $25 million, and $12 million, respectively. What amount should Carter report as net cash from investing activities?
- For each transaction, indicate how the item would appear on the cash flow 15. Treasury bills were purchased for P50,000 cash. , Indicate whether the items is: (I) (0) (N) a cash inflow = a cash outflow = neither a cash inflow or cash outflow L Indicate also how the item would be classified on the cash flow statement using the following symbols. (0) (I) (F) (N) = operating activity investing activity financing activity does not appear in the statement of cash flow %3D Transactions a b 1. Credit sales for the month are P240,000 2. Cash sales for the month are P200,000. 3. P40,000 of accounts receivable are collected. 4. Five-year bonds are issued at the face value of P600,000. 5. 2,000 shares of common stock are issued for P400,000. 6. Paid P4,000 in interest on a notes payable. 7. The company borrows P80,000 from the bank and signs a five-year note. 8. New equipment is purchased for P100,000 cash. 9. Repaid P20,000 in principal on a mortgage payable. 10. Paid P24,000 to employees for…Kutcher Systems sold land, investments, and issued their own common stock for $10 million, $16 million, and $21 million, respectively. Kutcher also purchased treasury stock, equipment, and a patent for $2 million, $3 million, and $4 million, respectively. Required: 1. What amount should the company report as net cash flows from investing activities? 2. What amount should the company report as net cash flows from financing activities? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What amount should the company report as net cash flows from investing activities? (Negative value should be indicated by a minus sign. Enter your answer in millions.) Net cash flow from investing activities million Required 1 23 of 34 *** Telp NextUse the following information to calculate the net cash provided (inflow) or used by (outflow) from financing activities for the Lulu Corporation: (a) Net income, $10,000 (b) Sold common stock for $40,000 cash (c) Paid cash dividend of $13,000 (d) Repayment of bond payable, $26,000 (e) Purchased equ for $12,000 cash (f) Issued long term mortgage notes payable for $250,000 cash. (Note: in the answer space, write only the number, with no $ signs or commas. That is, if your answer is $1,000, white it as : 1000 ). Answer:
- Creative Sound Systems sold investments, land, and its own common stock for $33.0 million, $15.3 million, and $40.6 million, respectively. Creative Sound Systems also purchased treasury stock, equipment, and a patent for $21.3 million, $25.3 million, and $12.3 million, respectively. What amount should Creative Sound Systems report as net cash flows from financing activities? (Cash outflows should be indicated with a minus sign. Round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) CREATIVE SOUND SYSTEMS Statement of Cash Flows (partial) Cash flows from financing activities Sale of investments Sale of land Purchase equipment Purchase a patent Net cash flows from financing activities $ 33.0 15.3 (25.3) (12.3) GA $ 10.7Assume the company purchases land for $1,000,000, paying $ 400,000 cash and borrowing the remainder with long-term notes payable. How should this transaction be reported on a statement of cash flows?Requirements Calculate the following items for the statement of cash flows: proceeds of the sale? b. Beginning and ending Retained Earnings were $35,000 and $71,000, respectively. Net income for the period was $61,000, and stock dividends were $11,000. How much were the cash dividends? were the cash proceeds of the sale? Cash proceeds from the sale were Requirement b. Beginning and ending Retained Earnings are $. Cash dividends were and $ $
- ARE YOU READY TO PRACTICE: Use a separate paper in answering the exercises and practices. The CP company provides the following information about its activities in the year 2016. Marketable securities purchased: P45,000 Treasury stock purchased: P56,000 Inventory purchased: P412,000 Land sold: P95,000 Machinery purchased: P278,000 Common stock issued: P168,000 Required: Compute net cash provided/used by investing activities to be reported in the statement of cash flows of CP company.Use the following information to calculate the net cash provided (inflow) or used by (outflow) from financing activities for the Lulu Corporation: (a) Net income, $12,000 (b) Sold common stock for $44,000 cash (c) Paid cash dividend of $15,000 (d) Repayment of bond payable, $26,000 (e) Purchased equipment for $12,000 cashCR-7 Company sold equipment with a net book value of $110,000 for $130,000 in cash. This equipment was originally purchased for $200,000. What will be the net effect of this transaction on the net cash provided by investing activities on the statement of cash flows?