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Wainwright Corporation had the following activities in 2010.
1. Sale of land $180,000 4. Purchase of equipment $415,000
2. Purchase of inventory $845,000 5. Issuance of common stock $320,000
3. Purchase of treasury stock $72,000 6. Purchase of available-for-sale securities $59,000 Compute the amount Wainwright should report as net cash provided (used) by investing activities in its statement of cash flows.
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On April 3, Kountry Repair Service accepted the seller's counteroffer of $230,000. On September 15, the land was assessed at a value of $185,000 for property tax purposes. On January 9 of the next year, Kountry Repair Service was offered $300,000 ..
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The following is an excerpt from a telephone conversation between Ben Simpson, presi- dent of Main Street Co., and Tami Lundgren, owner of Reliable Employment Co.
Net income was $44,700; accounts receivable decreased by $12,000; inventory increased by $7,200; proceeds from the issuance of long term debt were $15,000; accounts payable decreased by $4,100; equipment purchases were $50,000; depreciation and amort..
the annual sales for salco inc. were 4.5 million last year. the firms end-of-year balance sheet was as follows current
the sawtooth leather company manufactures leather handbags and moccasins. for simplicity reasons they have decided to
What is the company's ROA compared to its competitors or industry average? Is it getting better or worse over time?
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