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True or false, suppose Auga Company Ltd just started business and was looking for additional capital in order to purchase a property to build their headquarters. If they found an investor who was willing to sell them land worth $500,000 in exchange for stock in the company, would this transaction be shown in the investing activities section of the statement of cash flows
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- True or false, suppose Auga Company Ltd just started business and was looking for additional capital in order to purchase a property to build their headquarters. If they found an investor who was willing to sell them land worth $500,000 in exchange for stock in the company, would this transaction be shown in the investing activities section of the statement of cash flows? True or false, buying property, plant and equipment would be considered a cash outflow from financing? True or false, the financing section of the statement of cash flows reflects transactions in the equity accounts and the long-term liability accounts?True or false, the financing activities section of the statement of cash flows reflects the cash flows that affect current assets and liabilities? True or false, buying property, plant and equipment would be considered a cash outflow from financing? True or false, the financing section of the statement of cash flows reflects transactions in the equity accounts and the long-term liability accounts? True or false, suppose Auga Company Ltd just started business and was looking for additional capital in order to purchase a property to build their headquarters. If they found an investor who was willing to sell them land worth $500,000 in exchange for stock in the company, would this transaction be shown in the investing activities section of the statement of cash flows?Answer TRUE or False to the following statements/questions: D) The financing activities section of the statement of cash flows reflects the cash flows that affect current assets and liabilities? E) Buying property, plant and equipment would be considered a cash outflow from financing? F) The financing section of the statement of cash flows reflects transactions in the equity accounts and the long-term liability accounts? G) Suppose Auga Company Ltd just started business and was looking for additional capital in order to purchase a property to build their headquarters. If they found an investor who was willing to sell them land worth $500,000 in exchange for stock in the company, would this transaction be shown in the investing activities section of the statement of cash flows?
- A company sold land, investments, and issued their own common stock for $11 million, $15 million, and $20 million, respectively. They also purchased treasury stock, equipment, and a patent for $2 million, $2 million, and $5 million, respectively. a. What amount should the company report as net cash flows from investing activities? (Negative value should be indicated by minus sign. Enter your answer in millions.) Net cash flow from investing activities: ___________ million b. What amount should the company report as net cash flows from financing activities? (Negative value should be indicated by minus sign. Enter your answer in millions.) Net cash flow from financing activities: ___________ millionMobile Video Systems sold land, investments, and issued their own common stock for $10 million, $15 million, and $20 million, respectively. Mobile Video also purchased treasury stock, equipment, and a patent for $1 million, $2 million, and $4 million, respectively. a. What amount should the company report as net cash flows from investing activities? (Negative value should be indicated by minus sign. Enter your answer in millions.) Net cash flow from investing activities million b. What amount should the company report as net cash flows from financing activities? (Negative value should be indicated by minus sign. Enter your answer in millions.) Net cash flow from financing activities millionMyers Real Estate Company exchanged an acre of land in exchange for five hundred shares of stock in the Midland Corporation. The land is worth $22,000 and the stock is worth $40 per share. How will this transaction be reported on the statement of cash flows? a. As a non-cash investing and financing transaction. b. As a use of cash in the investing section and a source of cash in the financing section. c. As a source of cash in the investing section, a use of cash in the financing section, and an adjustment to net income in the operating section for the loss. d. As a source of cash in the investing section and a use of cash in the financing section.
- Which of the following is NOT a cash flow from investing activities? a. Cash payments of dividends to shareholders b. Buying or selling of Land, buildings, and plant equipment. c. Buying and selling stocks of other firms d. Buying and selling bonds of other firmsA firm's cash flow from investing activities includes: Select one: A. Cash received from the sale of a plant asset B. Cash paid to purchase marketable securities C. Cash paid for a merger transaction D. Cash paid to purchase land E. All of the above1. Use the following excerpts from Nutmeg Company’s financial records to determine net cash flows from operating activities and net cash flows from investing activities. Net income this year $83,700 Purchased land this year 20,000 Sold investments this year 31,500 Original cost of investments that were sold 33,000 PLEASE NOTE: All whole dollar amounts will be with "$" and commas as needed (i.e. $12,345). Net cash flows from operating activities? Net cash flows from investing activities?
- Which of the following actions are most likely to directly increase cash as shown on a firms balance sheet? Explain and state the assumptions that underlie your answer. a. It issues $4 million of new common stock. b. It buys new plant and equipment at a cost of $3 million c. It reports a large loss for the year d. It increases the dividends paid on its common stockCarter 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 $13.6 million, respectively.Required: What amount should Carter report as net cash from investing activities?Selected information from Large Corporation's accounting records and financial statements for 2018 is as follows ($ in millions): Cash paid to acquire a patent $54 Treasury stock purchased for cash Proceeds from sale of land and buildings Gain from the sale of land and buildings 51 84 52 Investment revenue received 18 Cash paid to acquire office equipment 79 Large prepares its financial statements in accordance with IFRS. In its statement of cash flows, Large most likely reports net cash outflows from investing activities of: Multiple Choice $54 million $133 million. $64 million $31 million.