Spanner Company recorded the following events last year:
Answer
$(21,000)
Answer
$(328,000)
Issuance of shares of the company’s own common stock |
$164,000
|
Purchase of bonds issued by other companies |
$82,000
|
Dividends paid to the company’s own shareholders |
$35,000
|
Dividends received from investments in other companies’ shares |
$8,900
|
Repayment of principal on the company’s own bonds |
$150,000
|
Interest paid on the company’s own bonds |
$17,300
|
Collection of the principal amount of a loan made to another company |
$111,000
|
Purchase of equipment |
$357,000
|
On the statement of cash flows, some of these events are classified
as operating activities, some are classified as investing activities,
and some are classified as financing activities. |
Based solely on the information above, the net cash provided by (used
in) financing activities on the statement of cash flows would be: |
$(38,300) |
|
$(21,000) |
|
$90,900 |
|
$925,200 |
Answer
$(21,000)
Based solely on the information above, the net cash provided by (used
in) investing activities on the statement of cash flows would be: |
$(328,000) |
|
$925,200 |
|
$(439,000) |
|
$550,000 |
$(328,000)
No comments:
Post a Comment