What is amount of net cash flows from investing activities

Assignment Help Accounting Basics
Reference no: EM132729554

Behren Incorporated had the following transactions:

Issued stock for $15,000 cash

Purchased a building for $35,000.

Paid $2,000 in cash for dividends.

Received cash revenues from customers for $50,000.

Paid operating expenses of $38,000.

Problem 1: Assuming that these are the only transactions, what is the amount of the net cash flows from investing activities on Behren's cash flow statement?

a.$35,000

b.$15,000

c.($35,000)

d.$12,000

Reference no: EM132729554

Questions Cloud

Describe the nature and importance of leading : Describe the nature and importance of leading
Identify work practice characteristics : Identify work practice characteristics in your workplace or any another work environment.
What amount is included in F net income : All amounts have been converted to Canadian currency. What amount is included in F's net income for tax purposes for the current year
Why organisations arrange and structure : Discuss five (5) reasons why organisations arrange and structure.
What is amount of net cash flows from investing activities : Assuming that these are the only transactions, what is the amount of the net cash flows from investing activities on Behren's cash flow statement?
Nps and the integral knowledge base : Evaluating the necessity of a more comprehensive understanding of pathophysiology, pharmacology,
Designing the organisational structure : Discuss the five (5) factors that are taken into consideration when designing the organisational structure.
Compute the amount that neil must deposit now for investment : Nesbitt Inc. wishes to have $200,000 in three years. Compute the amount that Neil must deposit now for the investment to be worth $200,000 three years from now
What public health issue have you selected : What public health issue have you selected and why? Provide a brief explanation of the issue.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What the most accurate cost formula can be derived by

In analyzing mixed costs, the most accurate cost formula can be derived by using the? least-squares regression method./ scatter graph method

  Prepare journal entry contributed surplus-conversion rights

Prepare the journal entry that would be required for the remaining amount in Contributed Surplus-Conversion Rights when the maturity of the remaining bonds

  Define what was the fall out after the compromise

What was the fall out after the compromise. Were you or anyone you know affected by this compromise either directly or indirectly

  Which will result in the lowest income taxes

Compute the cost of goods available for sale, cost of ending inventory, and cost of goods sold at December 31 under each of the following inventory costing methods. Assume that the sale of August 1 was selected from the purchase of June 30. 2. Of the..

  What auditors can do to assess the going concern issue

Explain what this term means, what auditors can do to assess the going concern issue and the difficulties they face in making the assessment.

  Compute how much final tax should withheld from the prize

Compute How much final tax should be withheld from the prize? Ms. Matti won a gold medal and P50, 000 cash prize for chess competition in the Palarong Pambansa.

  Determine the fixed asset turnover ratio

Financial statement data for years ending December 31 for Fallon Company are shown below. Determine the fixed asset turnover ratio for 2012 and 2011

  Prepare the journal entry to record the purchase

Rodriguez Company pays $336,960 for real estate with land, land improvements, and a building. Prepare the journal entry to record the purchase

  Compute the activity-based overhead rate

Compute the activity-based overhead rate for each activity cost pool - How much cost would be charged to an in-house manufacturing department that consumed 1,800 hours of market analysis time, was provided 280 designs relating to 10 products, and r..

  Compute what is the total gross estate deductions

The stock appreciated in value to $350,000 at the time of Dr. Heinz's death. What is the total gross estate? What is the total gross estate deductions

  What is the future value of these cash flows

Assume all the cash flows have occurred at the beginning of the year. What is future value of cash flows at the end of year 5 at a discount rate of 15 percent

  What measures would like to see herb-o-lario undertake

Calculate the company's financial ratios. What measures would you like to see Herb-O-Lario undertake (if any) to improve its financial performance?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd