13. Statement of Cash Flows
Financing Activities
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- 객관식
Which of the following is a cash flow from financing activities?
428views3rank - 객관식
The exchange of land worth \$110,000 for 50,000 shares of common stock in the company would be an:
334views3rank - 미해결 질문
Turkey Company is preparing its Statement of Cash Flows and gathered the following information:
1. Since the previous year:the cash account increased by \$35,000, land increased by \$40,000, Equipment decreased by \$15,000, Accumulated Depreciation – Equipment increased by \$6,000, Retained Earnings increased by \$340,000, and Bonds Payable increased by \(100,000,
2. Depreciation expense for Equipment totaled \)16,000.
3. Equipment with a purchase price of \$15,000 was sold for a \(2,000 gain.
4. Turkey loaned \)24,000 to Potatoes Company signing a long-term note receivable.
5. Net income was \(420,000.
6. Turkey issued 100,000 shares of \)5 par value common stock. The additional paid-in capital from this transaction was \$300,000.
What is Turkey Company's net cash flow from financing activities?
165views4rank - 객관식Which of the following items would NOT be classified as a financing activity on the statement of cash flows?192views
- 객관식Which of the following would be classified as a financing activity on the statement of cash flows?239views