Paid 125000 cash to settle a note payable at its 125000 maturity value. Exercise 12 8 cash flows from financing activities lo p3 a.
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Cash paid to retire notes 37000 cash paid for dividends.
Exercise 12 8 cash flows from financing activities lo p3. Cash received from stock issuance. Purchased equipment for 93000 cash. New equipment is acquired for 64600 cash.
Cash flows from investing activities proceeds from sale of land 25000 purchase of equipment 70000 net cash used by investing activities 45000 cash flows from financing activities bg company statement of cash flows for the year ended december 31 2012 now lets complete the financing section. The only changes affecting retained earnings are net income and cash dividends paid. Paid cash dividend of 12000.
Issued common stock for 77000 cash c. A 22000 note payable is retired at its 22000 carrying book value in exchange for cash. Paid 100000 cash for a new truck.
Received cash for the sale of equipment that had cost 48800 yielding a 2700 gain. Paid cash dividend of 12000. Gl1201 based on exercise 12 11 lo p1 p2 p3 a1 use the following financial statements and additional information.
Paid 115000 cash to acquire its treasury stock. Paid 119000 cash to acquire its treasury stock f. Paid 120000 cash to settle a note payable at its 120000 maturity value.
Sold land costing 315000 for 425000 cash yielding a gain of 110000. Equipment with a book value of 83000 and an original cost of 161000 was sold at a loss of 36000. Issued common stock for 79000 cash.
Net income was 465000. Cash flows from financing activities. Comparative balance sheets june 30 2017 and 2016.
Increases in current operating assets change in noncash operating liabilities same direction increases in current operating liabilities decreases in current operating liabilities net cash provided used by operating activities sonad company statement of cash flows partial indirect method for the year ended december 31 2015 cash. Exercise 16 8 cash flows from investing activities lo. Exercise 12 8 cash flows from financing activities lo p3 a.
Net income was 468000.