Reference no: EM13689017
In order to prepare the statement of cash flows for Building Blocks Corporation for 2006, the accountant has compiled the following data regarding cash flows:
Cash paid to acquire marketable securities $ 370,000
Proceeds from sale of marketable securities 17,500
Proceeds from issuance of capital stock 280,000
Proceeds from issuance of bonds payable 55,000
Payments to settle short term debt 32,500
Interest and dividends received 10,000
Cash received from customers ?
Dividends paid 130,000
Cash paid to suppliers and employees 1,030,000
Interest paid 25,000
Income taxes paid 70,000
Cash and cash equivalents, January 1, 2006 43,000
Cash and cash equivalents, December 31, 2006 58,000
Using the above information, indicate the best answer for each question in the space provided.
21 Building Blocks' cash flow from investing activities during 2006 is:
a $390,000 net cash used by investing activities.
b $322,500 net cash provided by investing activities.
c $352,500 net cash used by investing activities.
d $360,000 net cash used by investing activities.
22 Building Blocks' cash flow from financing activities during 2006 is:
a $322,500 net cash provided by financing activities.
b $172,500 net cash provided by financing activities.
c $127,500 net cash provided by financing activities.
d $375,000 net cash provided by financing activities.
23 Building Blocks' cash flow from operating activities during 2006 is:
a $45,000 net cash provided by operating activities.
b $1,155,000 net cash used by operating activities.
c $240,000 net cash provided by operating activities.
d $195,000 net cash provided by operating activities.
24 In the 2006 statement of cash flows for Building Blocks Corporation, the amount of cash received from customers is:
a $1,283,000.
b $1,103,000.
c $1,233,000.
d $1,293,000
How many new bonds must skylab issue
: Skylab's CFO has determined that the firm needs an additional $2,000,000 and has decided to issue 10-year, $1,000 par value bonds that pay only $40 in interest every six months.
|
Find the speed with which she enters the water
: A diver springs vertically upward with an initial speed of 1.7 m/s from a diving board that is 3.2 m above the water. Find the speed with which she enters the water, assuming completely vertical motion
|
What coupon interest rate
: What coupon interest rate must the company set on the bonds-with-warrants if the bonds are to sell at par?
|
Obtain the distance of image and magnification
: If the focal length of lens is 0.67 m and the distance of the object is 120 cm. Find the distance of image and magnification
|
Prepare the statement of cash flows
: In order to prepare the statement of cash flows for Building Blocks Corporation for 2006, the accountant has compiled the following data regarding cash flows:
|
Find the distance of image and magnification
: If the focal length of lens is 0.6 m and the distance of the object is 120 cm, Find the distance of image and magnification
|
Explain why piston rod oscillates in simple harmonic motion
: Consider the simplified single-piston engine in the figure below. If the wheel rotates at a constant angular speed, explain why the piston rod oscillates in simple harmonic motion
|
How far does the train travel in total
: A train starts from rest and accelerates uniformly, until it has traveled 5.4 km and acquired a velocity of 31 m/s the train then moves at a constant velocity of 31 m/s for 400s. How far does the train travel in total
|
What is g
: The required (and expected) rate of return on the stock is 16 percent. If the dividend is expected to grow at a constant rate, g, what is g?
|