How each should be reported in the statement of cash flows

Assignment Help Finance Basics

Reference no: EM131522310

Question: 1. Classify each of the following items as an operating, investing, or financing activity.

1. Dividends paid.

2. Repayment of notes payable.

3. Payment for inventory.

4. Purchase of equipment.

5. Interest paid.

2. The following selected transactions occur during the first year of operations. Determine how each should be reported in the statement of cash flows.

1. Issued one million shares of common stock at $20 per share.

2. Paid $75,000 to suppliers for inventory.

3. Paid a dividend of $1 per share to common stockholders.

4. Loaned $50,000 to an employee and accepted a note receivable.

Reference no: EM131522310

Questions Cloud

The actions of a larger group influenced your own actions : Describe a situation in which the actions of a larger group influenced your own actions.

First compute the value of the retirement plan : First compute the value of the retirement plan when she turns age 65.

System will be depreciated straight-line to zero : Your firm is contemplating purchase of new $763,000 computer-based order entry system. system will be depreciated straight-line to zero over its seven-year life

How facet of process philosophy has impact american society : provide examples of how some facet of process philosophy has impacted American government and/or society. You may focus on just ONE example below.

How each should be reported in the statement of cash flows : Classify each of the following items as an operating, investing, or financing activity.

What patterns of family interactions would you find : What patterns of family interactions would you find most challenging and how would you appropriately manage these biases?

Shares of sirius satellite radio : You would like to buy shares of Sirius Satellite Radio (SIRI). How much money did it cost to buy these shares?

Why human trafficking is flourishing in a global economy : Analyze magnitude of human trafficking business. Why human trafficking is flourishing in a global economy. Analyze characteristics and special needs of victims.

Calculate net cash flows from operating activities : Place the following items in the correct order as they would appear in the statement of cash flows.

User Account

All Pages