What is the cash flows from financing activities amount

Assignment Help Accounting Basics
Reference no: EM131871890

Question - The following are facts about the activities of Benitez Company. Treasury Stock that had been acquired for $9,000 was sold for $8,000. Common Stock, $14 par, was issued - 9,000 shares - at $17 per share. Equipment was purchased for $13,550 cash. Cash Dividends Payable was $19,000 at the beginning of the year and $10,000 at the end of the year. During the year, $13,000 additional cash dividends were declared. Paid off a mortgage note in full, $26,000. Issued $242,000 of preferred stock in exchange for a parcel of land. Called company bonds with a face amount of $4,000 at 101.

Based on these facts, what is the cash flows from financing activities amount?

Reference no: EM131871890

Questions Cloud

Discuss priority patient teaching for patients : Describe why these drugs can be used together and when that would be necessary. Discuss priority patient teaching for patients on these medications.
Calculate the depreciation expense : SyCom Company purchased a computer on 2008 January 2, for USD 10,000. The depreciation expense for 2010 is
Signs and symptoms of ear infection : On Monday, Declan screens the shelter's children for signs and symptoms of ear infection. The rate of ear infections
Notes on lymphatic system giving detail : Notes on lymphatic system giving detail of b-cell and t-cell and detail notes about lymphatic system.and some stress hormone of the endocrine system
What is the cash flows from financing activities amount : Common Stock, $14 par, was issued - 9,000 shares - at $17 per share. Based on these facts, what is the cash flows from financing activities amount
Causes and consequences of chronic bronchitis : Once we have made these comparisons then we should follow up on other disorders that affect either the upper or lower respiratory systems.
How did tim wises college experiences influence his views : What does it mean to be white? How did Tim Wise's upbringing influence his attitudes toward race? How did his college experiences influence his views?
Hot spot to the center of kauai : What is the approximate distance from the hot spot to the center of Kauai? Convert your answer to centimeters.
Discuss the counseling approach to cover human nature : Write a 7 page research paper on COGNITIVE THERAPY. Please address the counseling approach making sure to cover human nature.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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