Declares and pays a cash dividend

Assignment Help Finance Basics

Reference no: EM131522266

Question: Wi-Fi, Inc., has the following selected transactions during the year.

1. Issues $20 million in bonds.

2. Purchases equipment for $80,000.

3. Pays a $20,000 account payable.

4. Collects a $15,000 account receivable.

5. Exchanges land for a new patent. Both are valued at $300,000.

6. Declares and pays a cash dividend of $100,000.

7. Loans $50,000 to a customer, accepting a note receivable.

8. Pays $75,000 to suppliers for inventory.

Required: Indicate in which section of the statement of cash flows each of these items would be reported: operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note.

Reference no: EM131522266

Questions Cloud

What is the firms cost of capital before taxes : The firm has raised $8M by selling bonds at an average rate of 6%. What is the firm's cost of capital before taxes?

What is difference between ordinary annuity and annuity due : What is the difference between ordinary annuity and annuity due?

Design of a feedback control system : Design of a Feedback Control system - Be able to build a control system using MATLAB Simulink-design and build a P and PI controllers to control a process

Sensitivity analysis is used in financial-economic analyses : Your supervisor heard “sensitivity analysis” is used in financial and economic analyses.

Declares and pays a cash dividend : Wi-Fi, Inc., has the following selected transactions during the year.

Techniques required to study ecosystems : Describe two (2) techniques required to study ecosystems then provide an example of each technique.

Discuss the common stock investment in bert bargain house : Ernie's Electronics had the following transactions with Bert's Bargain House.

How much would you pay for the stock : how much would you pay for the stock? Assume that the next owner also expects to earn 14% on his or her investment.

What is the maximum useful magnification of the microscope : The objective lens of a compound microscope has a numerical aperture of 0.4. The maximum useful magnification of the microscope is.

User Account

All Pages