Determine net cash flow from financing activities

Assignment Help Financial Accounting
Reference no: EM132203819

1. A business has the following financial information for the year:

1. Issued 10,000 shares of common stock for $20.00 per share

2. Issued long term debt of $500,000

3. Paid dividends of $85,000

4. Sold a piece of equipment of $50,000. The equipment had a book value of $20,000

5. Earned net income of $140,000

Based on the financial information presented above, determine net cash flow from financing activities for the year. 

Reference no: EM132203819

Questions Cloud

The strategic planning process within company : Explain how the knowledge from a PEST analysis could be used in the strategic planning process within a company.
Competitive intelligence is important to any organization : Competitive Intelligence is important to any organization.
Relationship between entrepreneurship and innovation : Relationship between entrepreneurship and innovation. Describe the goals and tasks of their communication strategy.
The strongest influence on organization marketing process : Which Marketing Management Philosophy has the strongest influence on the organization’s marketing process for a limousine like BMW 760? Explain?
Determine net cash flow from financing activities : Based on the financial information presented above, determine net cash flow from financing activities for the year.
Explain targeting strategy : Who is the target market for a limousine like Audi A8? Explain targeting strategy?
Value of the plant and equipment for tax purposes : Based on the details provided below, what will be the value of the plant and equipment for tax purposes in year six? Will it be sold for a gain or a loss
Record total interest expense for the first interest period : Prepare the necessary journal entries to record total interest expense for the FIRST interest period.
What is the per-share value of the company : What is the per-share value of the company's common stock?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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