What is the net cash provided by financing activities

Assignment Help Accounting Basics
Reference no: EM133184571

Question - Faye Company provided the following data for the current year

Gain on sale of equipment 60,000

Proceeds from sale of equipment 100,000

Purchase of bond investment with face amount P2,000,000 1,800,000

Amortization of bond discount 20,000

Dividend declared 450,000

Dividend paid 380,000

Proceeds from sale of treasury shares costing P650,000 750,000

Required -

1. What is the net cash provided by financing activities?

a. 200,000 c. 300,000 b. 270,000 d. 370,000

2. What is the net cash used in investing activities?

a. 1,700,000 C. 1,880,000 b. 1,760,000 d. 1,940,000

Reference no: EM133184571

Questions Cloud

Compute the weighted-average number of ordinary shares : Warren Corporation granted 1,000,000 share options in 2020. Compute the weighted-average number of ordinary shares
Are there lot or few firms in industry : Choose a product or service that you are familiar with. Are there a lot or few firms in the industry?
What price will the bond sell : A euro bond with £100m maturity value has a 7% annual coupon and 10 years left to maturity. What price will the bond sell
Unit 6 Construction Information Assignment : Unit 6 Construction Information (Drawing, Detailing, Specification) - Higher National Certificate/Diploma in Construction and the Built Environment
What is the net cash provided by financing activities : Faye Company provided the following data for the current year - Gain on sale of equipment 60,000. What is the net cash provided by financing activities
About how your business be portrayed in media : As a business person should you be concerned about how your business be portrayed in the media?
What is the projected cogs : The COGS/Sales ratio will decrease from the current ratio $975M/$1,350M = 72.22% to 68%. What is the projected COGS for FY T+1
What would be the lowest acceptable transfer price : The part sells externally for $75 and the Spanish division's manufacturing costs are: What would be the lowest acceptable transfer price
What is purpose of code of conduct : What is the purpose of a code of conduct? Evaluate the code of conduct of Levi Strauss, and describe the ethical principles it includes.

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