Based on the following information, compute cash flows from investing activities under GAAP.Cash collections from customers $780Purchase of used equipmentDepreciation expenseSale of investmentsDividends receivedInterest received190190430100190Cash Flows from Investing Activities

Investing activities record the purchase and sale of fixed assets and investment and incomes…

Answered: Based on the following information,…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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D&D Company reports select items from its statement of cash flows. Identify those items related to investing activities and co- net cash flows from investing activities. Activity Cash paid to purchase property Cash from selling merchandise Cash paid for income taxes Cash received from a long-term note Cash paid to repurchase stock Cash received from sale of investments Cash received from issuing equity shares Cash paid to purchase merchandise Cash paid to purchase investment securities Cash paid in salaries and wages Note: Cash outflows should be indicated by a minus sign. Activity Net cash flows from investing activities $ Amount 0 Amount $ 400,000 688,000 135,000 850,000 100,000 40,000 500,000 710,000 50,000 410,000
Based on the following information, compute cash flows from financing activities under GAAP. Purchase of investments $ 210 Dividends paid 1,160 Interest paid 360 Additional borrowing from bank 2,600
Compute cash flows from investing activities using the following company information. Sale of short-term stock investments. . . . . . . . . . $ 6,000 Cash purchase of used equipment. . . . . . . $5,000 Cash collections from customers. . . . . . . . . . . . . . 16,000 Depreciation expense . . . . . . . . . . . . . . . . . 2,000
If a gain of $8,520 is realized in selling (for cash) office equipment having a book value of $52,917, the total amount reported in the Cash flows from investing activities section of the statement of cash flows is a.$52,917 b.$44,397 c.$61,437 d.$8,520
Free Cash Flow Kat Co. reports the following financial data for the current year: Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities Cash disbursed for capital expenditures Compute Kat's free cash flow. Free cash flow S 17175 x Check $21,500 (10,555) 4,250 (4,325)
On the statement of cash flows, the investing activities section would include a. cash paid for dividends Ob. cash paid for retirement of bonds payable Oc. cash received from the issuance of capital stock Od. cash received from the sale of investments
Required: Based on the following information, compute cash flows from investing activities under GAAP. Cash collections from customers $ 780 Purchase of used equipment 190 Depreciation expense 190 Sale of investments 430 Dividends received 100 Interest received 190
Comment on the Cash flows from operating activities R756 000; Increase in receivables (R396 000) and Cash flows from investing activities (R1 368 000)
Required Information Exercise 12-10A (Algo) Determining cash flows from Investing activities LO 12-3 [The following information applies to the questions displayed below.] The following accounts and corresponding balances were drawn from Delsey Company's Year 2 and Year 1 year-end balance sheets: Account Title Investment securities Machinery Land Other Information drawn from the accounting records: Year 2 $ 104,300 524,400 143,300 1. Delsey Incurred a $1,210 loss on the sale of Investment securities during Year 2. 2. Old machinery with a book value of $4,860 (cost of $25.120 minus accumulated depreciation of $20,260) was sold. The Income statement showed a gain on the sale of machinery of $4,670. 3. Delsey did not sell land during the year. Exercise 12-10A (Algo) Part e e. Prepare the investing activities section of the statement of cash flows. Note: Amounts to be deducted should be indicated with a minus sign. DEL SEY COMPANY Statement of Cash Flows (Investing Activities) For the Year…
Which of the following is included in the financing activities on a statement of cash flows? 28 Multiple Choice O Changes in accounts payable. Purchases of equipment. Paying interest to lenders. Cash dividends paid.
Classify following cash flows as operating, investing, or financing activities. Cash received from a bank loan
Sale of investments Cash collections from customers Cash purchase of used equipment Depreciation expense $ 6,500 17,200 5,700 2,100 Compute cash flows from investing activities using the above company information. Note: Amounts to be deducted should be indicated by a minus sign. Investing Activities

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Based on the following information, compute cash flows from investing activities under GAAP. Cash collections from customers $780 Purchase of used equipment Depreciation expense Sale of investments Dividends received Interest received 190 190 430 100 190 Cash Flows from Investing Activities