Question

In Coronado Company, land decreased $146000 because of a cash sale for $146000, the equipment account...

In Coronado Company, land decreased $146000 because of a cash sale for $146000, the equipment account increased $60000 as a result of a cash purchase, and Bonds Payable increased $112000 from issuance for cash at face value. The net cash provided by investing activites is

Homework Answers

Answer #1
Note:- Issue of bonds are financing activities
The Net cash provided by investing activitie are
Particulars Amount
Sale of land         146,000
Purchase of equipment         (60,000)
Cash provided by investing activities          86,000
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Investing and Financing Cash Flows During the year, Paxon Corporation's Long-Term Investments account (at cost) increased...
Investing and Financing Cash Flows During the year, Paxon Corporation's Long-Term Investments account (at cost) increased $15,000, the net result of purchasing stocks costing $80,000 and selling stocks costing $65,000 at a $6,000 loss. Also, the Bonds Payable account decreased by $40,000, the net result of issuing $110,000 of bonds at 103 and retiring bonds with a face value (and book value) of $150,000 at a $9,000 gain. What items and amounts will appear in the (a) cash flows from...
Teal Corporation engaged in the following cash transactions during 2020. Sale of land and building $181,500...
Teal Corporation engaged in the following cash transactions during 2020. Sale of land and building $181,500 Purchase of treasury stock 45,300 Purchase of land 43,500 Payment of cash dividend 90,700 Purchase of equipment 61,000 Issuance of common stock 157,000 Retirement of bonds 102,800 Determine Teal’s free cash flow, assuming that it reported net cash provided by operating activities of $407,240.
Marin Corporation engaged in the following cash transactions during 2020. Sale of land and building $187,700...
Marin Corporation engaged in the following cash transactions during 2020. Sale of land and building $187,700 Purchase of treasury stock 44,000 Purchase of land 41,800 Payment of cash dividend 87,400 Purchase of equipment 60,500 Issuance of common stock 156,700 Retirement of bonds 108,500 Determine Marin’s free cash flow, assuming that it reported net cash provided by operating activities of $402,770.
please 47 In Polk Company, Treasury Stock increased $20,000 from a cash purchase, and Retained Earnings...
please 47 In Polk Company, Treasury Stock increased $20,000 from a cash purchase, and Retained Earnings increased $80,000 as a result of net income of $120,000 and cash dividends paid of $40,000. Net cash used by financing activities is: Select one: A. $20,000. B. $40,000. C. $120,000. D. $60,000. E. None of the above. 48. The following data are available for Deli Corporation. Net income $200,000 Depreciation expense 60,000 Dividends paid 90,000 Loss on sale of land 15,000 Decrease in...
A company had net cash flows from operations of $130,000, cash flows from financing of $350,000,...
A company had net cash flows from operations of $130,000, cash flows from financing of $350,000, total cash flows of $530,000, and average total assets of $3,100,000. The cash flow on total assets ratio equals: 17.3% 24.5% 17.1% 4.4% 4.2% n preparing a company's statement of cash flows for the most recent year, the following information is available: Loss on the sale of equipment $ 15,600 Purchase of equipment 161,000 Proceeds from the sale of equipment 142,000 Repayment of outstanding...
44. In preparing a company's statement of cash flows for the most recent year, the following...
44. In preparing a company's statement of cash flows for the most recent year, the following information is available: Loss on the sale of equipment $ 14,000 Purchase of equipment 226,000 Proceeds from the sale of equipment 102,000 Repayment of outstanding bonds 87,000 Purchase of treasury stock 25,000 Issuance of common stock 96,000 Purchase of land 116,000 Increase in accounts receivable during the year 33,000 Decrease in accounts payable during the year 75,000 Payment of cash dividends 35,000 Net cash...
For each of the following items, assuming the company reports cash flows from operations using the...
For each of the following items, assuming the company reports cash flows from operations using the Indirect Method, Indicate whether the item is: A positive cash flow from Operating activities = +O A negative cash flow from Operating activities = -O A positive cash flow from Financing activities = +F A negative cash flow from Financing activities = -F A positive cash flow from Investing activities =+I A positive cash flow from Investing activities =-I A non-cash financing and investing...
9. The following information relates to the Maxwell Company for 2016: Gain on sale of land...
9. The following information relates to the Maxwell Company for 2016: Gain on sale of land                                                                    $ 800 Bond payable premium amortization                                     300 Decrease in accounts payable                                                  700 Increase in prepaid expenses                                                   100 Net income                                                                                   9,400 Purchased equipment                                                                15,000 Increase in salaries payable                                                      400 Proceeds from sale of land                                                       7,000 Decrease in inventories                                                             2,100 Payment of dividends                                                                 1,600 Depreciation expense                                                                 1,000 Required: Compute net cash provided by operating activities...
Mach each cash flow to the section of the Statement of Cash Flows in which it...
Mach each cash flow to the section of the Statement of Cash Flows in which it would appear. Payment of Long-Term Debt Issuance of Stock to Acquire Land    Collection of Accounts Receivable .    Sale of Available-for-Sale Securities (Long Term) Payment of Employees' Wages Issuance of Common Stock for Cash Payment of Income Taxes Payable    Purchase of Equipment    Purchase of Treasury Stock (Common) 1. Cash Provided/Used by Financing Activities 2. Cash Provided/Used by Investing Activities 3. Cash...
Flynn Co. reported sales of $250,000. If accounts receivable decreased $10,000 during the year: Sales is...
Flynn Co. reported sales of $250,000. If accounts receivable decreased $10,000 during the year: Sales is greater than cash collected Cash collected is greater than sales Cash collected is the same as sales None of the above Refer to the previous question. The amount of cash collected is: Use the following to determine the cash flows provided by or used in investing activities: Net income is $145,000, including a gain on the sale of building of $25,000. The equipment cost...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT