Shares of common stock

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Reference no: EM133254273

The following data is available for Wildhorse Corporation at December 31, 2025:

Common stock, par $10 (authorized 36000 shares)

$324000

Treasury stock (at cost $15 per share)

$1230

Based on the data, how many shares of common stock are outstanding?

2. Outstanding stock of the Vaughn Corporation included 41600 shares of $5 par common stock and 10400 shares of 5%, $10 par non-cumulative preferred stock. In 2024, the company's board of directors declared and paid dividends of $4160. In 2025, the board of directors declared and paid dividends of $20800. How much of the 2025 dividend was distributed to preferred shareholders?

3. Sunland Company's accounts receivable amounted to $122600 at the beginning of fiscal year 2025 and $109500 at the end of the year, respectively. The company's net income for the year was $448000. Assuming that these are the only required adjustments, what are the cash flows from operating activities to be reported on the statement of cash flows?

4. Splish Lawn Service Company reported a net loss of $12900 for the year ended December 31, 2025. During the year, accounts receivable decreased $32800, inventory increased $23300, accounts payable increased by $29600, and depreciation expense of $26900 was recorded. During 2025, operating activities.

5. If $3050000 of bonds are issued during the year but $4880000 of previously issued bonds are retired during the year, the statement of cash flows will show a(n)

6. If Cheyenne Imports Corporation realizes a gain of $87000 on a cash sale of a building having a book value of $648000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is

7.  During 2025, Tamarisk Industries reported cash provided by operations of $826000, cash used in investing of $713000, and cash used in financing of $198000. In addition, cash spent on plant assets during the period was $287000. Average current liabilities were $676000 and average total liabilities were $1785000. No dividends were paid. Based on this information, what was Tamarisk's free cash flow?

Reference no: EM133254273

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