Siliconia Manufactuing Ltd. had retained earnings of $400,000 and $50,000 in cash on January 1st, 2005. Net income in 2005 was $200,000 including amortization expense of $125,000. In 2005, the company issued additional common shares for $500,000 and borrowed $600,000 from the bank. Total cash from financing activities was
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Subject - Acounting
Siliconia Manufactuing Ltd. had
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- Kaze Corporation's cash and cash equivalents consist of cash and marketable securities. Last year the company's cash account increased by $25,000 and its marketable securities account decreased by $15,000. Net cash provided by (used in) operating activities was $38,000. Net cash provided by (used in) investing activities was $9,000. Based on this information, the net cash provided by (used in) financing activities on the statement of cash flows was $(47,000). O $47,000. $(37,000). $37,000.During the current year, Royal Industries sold treasury stock for $32.000 cash. The treasury stock was purchased last year for $28,000. The company also issued bonds payable for $430,000 cash and declared and paid dividends of S40,000. What amount did Royal report on its statement of cash flows for cash provided by financing activities? O 390,000 O 394,000 $422,000 O $434,000n its fiscal 2010 balance sheet, Big Lots, Inc., reported cash and cash equivalents at the start of the year of $283,733 thousand. By the end of the year, the cash and cash equivalents had decreased to $177,539 thousand. The company's statement of cash flows reported cash from operating activities of $315,257 thousand, cash from financing activities of ($306,899) thousand. What amount did the company report for cash from investing activities? Select one: a. $8,358 thousand cash inflow b. $106,194 thousand cash outflow c. $114,552 thousand cash outflow d. $114,552 thousand cash inflow e. None of the above.
- Moore Company is preparing its statement of cash flows for the current year. During the year, the company retired two issuances of debt and properly recorded the transactions. These transactions were as follows: Paid cash of $12,700 to retire bonds payable with a face value of $15,000 and a book value of $13,300. Paid cash of $48,000 to retire bonds payable with a face value of $45,000 and a book value of $47,000. Required: Record, in journal entry form, the entries that Moore would make for the preceding transactions on its spreadsheet to prepare its statement of cash flows. If an amount box does not require an entry, leave it blank.On year 2012, Prem Company has the ff financial operation information: Payment for the early retirement of bonds payable (carrying amount, USD15,600,000) USD 15, 700, 000 Distribution of cash dividend for 2012 to preferred shareholders (declared in 2011) 800,000 Proceeds from reissuance of treasury shares (cost of USD 930, 000) 1, 050, 000 How much should be reported as net cash used in financing operations in the 2012 statement of cash flows?XYZ Company used the direct method to prepare the statement of cash flows. The entity had the following cash flows during 2021: January 1 cash balance 1,000,000 Cash receipts from issuance of ordinary shares 1,208,000 Cash receipts from customers 1,640,000 Proceeds from sale of treasury shares (cost – P720,000) 800,000 Cash receipts from dividends on long-term investments 80,000 Cash receipts from repayment of loan made to another company 640,000 Cash payments to suppliers 1,080,000 Cash paid to redeem own shares 1,200,000 Cash paid for interest on long-term notes 120,000 Cash payments for operating expenses 320,000 Cash payments for dividends 200,000 Cash payment for income taxes 144,000 Cash paid to purchase land 1,040,000 Required: Prepare statement of cash flows at December 31, 2021.
- During 2014, North Dakota Company issued $1,000,000 in long-term bonds at 96 , repaid $150,000 of bonds at face value, paid interest of $80,000 , and paid dividends of $50,000 . Prepare the cash flows from the financing activities section of the statement of cash flows.Laila Company issued ordinary shares for OMR 24,000 cash during 2020. The company paid dividends of OMR 2,000. The company also issued a non-current note payable for OMR 30,000 in exchange for equipment during the year. The company sold treasury shares that had a cost of OMR 2,000 for OMR 4,000. Instructions Compute net cash flows from financing activities.In its fiscal 2010 balance sheet, Big Lots, Inc. reported cash and cash equivalents at the start of the year of $283,733 thousand. By the end of the year, cash and equivalents had decreased to $177,539 thousand. The Company's statement of cash flows reported from operating activities of $315,257 thousand, cash from financing activities of $(306,899) thousand. What amount did the company report for cash from investing activities? a) $8,358 thousand cash inflow b) $106,194 thousand cash outflow c) $114,552 thousand cash outflow d) $114,552 thousand cash inflow
- Mazaya Company repurchased its own shares (treasury shares) with a cost of R.O 15,000 during 2011. During the year, the company declared dividends of R.O 20,000 and issued bonds payable for proceeds of R.O.866,000. Cash flows from financing activities for 2011 total Select one a. RO.851,000 net cash infloW. O bRO 886,000 net cash inflow c RO.866,00o net cash outflow. d. R.O.861,00o net cash inflowGRAY Company uses the direct method to prepare its statement of cash flows. GRAY had the following cash flows during 2021: Cash receipts from sale of an old van - P 160,000; Cash receipts from issuance of ordinary shares - P 2,000,000; Cash receipts from the issuance of 10%, 10-yr bonds - P 1,500,000; Cash receipts from customers - P 1,000,000; Cash receipts from repayment of loan made to another company - P 1,200,000; cash receipts from dividends - P 150,000; Cash receipts from interest - P 150,000; Cash payments for operating expenses - P 650,000; Cash payments for taxes - P300,000; Cash payments for equity securities bought classified as FVOCI - P 900,000; Cash payment for equipment purchased -P 300,000; Cash payments for land required - P 1,200,000. What is the net cash provided (used) from investing activities?Novak Corp.'s net income for the current year was $622000. Depreciation recorded on plant assets was $93000. Accounts receivable and inventories increased by $49000 and $20000, respectively. Supplies and accounts payable decreased by $2000 and $39000, respectively. A $500,000 convertible bond was retired through the issuance of common stock. How much cash was provided by operating activities?