tiffanibell71
18.03.2021 •
Business
Indicate which of the following has an effect on financing cash flows. (Amounts that decrease cash should be indicated with a minus sign.)
a. Notes payable with a carrying value of $15,000 are retired for $16,000 cash, resulting in a $1,000 loss.
b. Paid cash dividends of $11,000 to common stockholders.
c. Acquired $20,000 worth of machinery in exchange for common stock.
Items Amount Effect on financing cash flows
a. Notes payable (1,000) Decrease
b. Dividends (11,000) Decrease
c. Machinery $ 20,000 No effect
Solved
Show answers
More tips
- F Food and Cooking How to Find Your Zip Code?...
- W Work and Career Can Skill Alone Make You a Professional?...
- C Computers and Internet How to Top Up Your Skype Account Without Losing Money?...
- P Philosophy Unidentified Flying Object - What is the Nature of this Phenomenon?...
- F Family and Home Protect Your Home or Apartment from Pesky Ants...
- O Other What is a Disk Emulsifier and How Does it Work?...
- F Family and Home What does a newborn need?...
- F Family and Home Choosing the Right Car Seat for Your Child: Tips and Recommendations...
- F Food and Cooking How to Get Reconfirmation of Registration?...
Ответ:
Effect on financing cash flows.
a. $16,000 Decrease
b. $11,000 Decrease
c. No Effect
Explanation:
Only consider cash transactions on the financing activities. Financing Activities involve the acquisition and repayment of capital and debt finance.
Ответ:
where is the figure... there is no triangle here