What is the net cash provided by operating activities a

Reference no: EM13586966

Please use the following information to answer the next three questions. Wilma's Vegetable Market had the following transactions during 2012:

1. Issued $25,000 of par value common stock for cash.

2. Recorded and paid wages expense of $10,000.

3. Acquired land by issuing common stock of par value $50,000.

4. Declared and paid a cash dividend of $1,000.

5. Sold a long-term investment (cost $3,000) for cash of $3,000.

6. Recorded cash sales of $20,000.

7. Bought inventory for cash of $2,000.

8. Acquired an investment in IBM stock for cash of $6,000.

9. Converted bonds payable to common stock in the amount of $10,000.

10. Repaid a 6 year note payable in the amount of $11,000.

What is the net cash provided by operating activities?

A) $20,000.

B) $18,000.

C) $10,000.

D) $8,000.

What is the net cash provided by investing activities?

A) $6,000.

B) $16,000

C)($3,000).

D) $3,000.

What is the net cash provided by financing activities?

A) $13,000.

B) $25,000.

C) $14,000.

D) $9,000.

Reference no: EM13586966

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