XYZ Co. had the following activities in 2020 :Issuance of common stock 250000 Payment of dividends 125000 Issuance of bonds payable 80000 Sale of long Term Assets 24000 Bank loan repaid 100000 Purchase of equipment 53000 Purchase of available-for-sale securities 43000 Purchase of treasury stock 15000 Prepare the cash flows from Financing a. 100000OMR b. 90000 OMR c. 84000 OMR d. None of the options
XYZ Co. had the following activities in 2020 :Issuance of common stock 250000 Payment of dividends 125000 Issuance of bonds payable 80000 Sale of long Term Assets 24000 Bank loan repaid 100000 Purchase of equipment 53000 Purchase of available-for-sale securities 43000 Purchase of treasury stock 15000 Prepare the cash flows from Financing a. 100000OMR b. 90000 OMR c. 84000 OMR d. None of the options
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
XYZ Co. had the following activities in 2020 :Issuance of common stock 250000 Payment of dividends 125000 Issuance of bonds payable 80000 Sale of long Term Assets 24000 Bank loan repaid 100000 Purchase of equipment 53000 Purchase of available-for-sale securities 43000 Purchase of treasury stock 15000 Prepare the cash flows from Financing
a.
100000OMR
b.
90000 OMR
c.
84000 OMR
d.
None of the options
Expert Solution
Step 1
Issuance of common stock = 250000
Payment of dividends = 125000
Issuance of bonds payable = 80000
Sale of long Term Assets = 24000
Bank loan repaid = 100000
Purchase of equipment = 53000
Purchase of available-for-sale securities = 43000
Purchase of treasury stock = 15000
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