Indicate which of the following has an effect on financing cash flows.
a. Notes payable with a carrying value of $16,600 are retired for $18,400 cash, resulting in a $1,800 loss.
b. Paid cash dividends of $12,600 to common stockholders.
c. Acquired $21,600 worth of machinery in exchange for common stock.
Items Amount Effect on financing cash flows
a. Notes payable
b. Dividends
c. Machinery
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Indicate which of the following has an effect on financing cash flows. a. Notes payable with a carrying value of $16,600 are retired for ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Describe the target market for this bottled water. how does bottled water create value for target market consumers?
Answers (1)
The Fed's strategy of increasing the money supply and lowering interest rates in order to increase real GDP is called A. Contractionary fiscal policy B. Expansionary monetary policy C. Expansionary fiscal policy
Answers (1)
On a shopping trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the coat stated that the price was $79.95.
Answers (1)
In reviewing discussions of life in developing countries, what is it about lifestyle in the low income countries compared w
Answers (1)
Imagine that you've decided to become an entrepreneur and have set yourself the task of creating a global business plan.
Answers (1)
New Questions in Business
Which of the following is true? Multiple Choice The Product "P" in the marketing mix stands only for physical goods. The Product "P" in the marketing mix stands for both physical goods and services.
Answers (1)
The same person opens incoming mail and posts the accounts receivable subsidiary ledger.
Answers (1)
George failed to pay $5,000 of income tax due with the filing of his return, which was timely filed on April 15th. He waits until June 10th after April 15th to pay the tax. How much will his penalties be?
Answers (1)
On November 1, 2019, Juno, Inc. declared a dividend of $3.00 per share on common stock. Juno, Inc. has 10,000 shares of common stock outstanding and 20,000 shares of preferred stock.
Answers (1)
Fallon Corporation reports net income of $370,000. Accounts Receivable balances at the beginning and end of the year were $40,000 and $48,000, respectively. Beginning and ending Inventory balances were $60,000 and $54,000, respectively.
Answers (1)