Effect of transactions on cash flows, Financial Accounting

Assignment Help:

Effect of Transactions on Cash Flows
State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows:
1. Sold equipment with a book value of $78,000 for $94,000.
2. Sold a new issue of $250,000 of bonds at 102.
3. Retired $400,000 of bonds, on which there was $4,000 of unamortized discount, for $475,000.
4. Purchased 3,000 shares of $30 par common stock as treasury stock at $40 per share.
5. Sold 4,000 shares of $25 par common stock for $50 per share.
6. Paid dividends of $1.50 per share. There were 40,000 shares issued and 5,000 shares of treasury stock.
7. Purchased land for $287,000 cash.
8. Purchased a building by paying $60,000 cash and issuing a $50,000 mortgage note payable.


Related Discussions:- Effect of transactions on cash flows

Amortized payment, Amortized Payment You purchase a house that costs $...

Amortized Payment You purchase a house that costs $800,000 with an 8%, 30-year mortgage. You make a 20% down payment to avoid PMI insurance. (i) What is your monthly paymen

Form-express trusts-trust laws and accounts, Form No special form is no...

Form No special form is normally required for the creation of a trust except that a declaration of trust respecting land or any interest therein must be manifested and proved b

Quantitative techniques, Evaluate 1-1/3(5/6 - 1/2) ---------------- 2/5 / ...

Evaluate 1-1/3(5/6 - 1/2) ---------------- 2/5 / 2/5(5/6-2/3)

Idiosyncratic risk of the stock, (a)   The market considers Intel Corp (INT...

(a)   The market considers Intel Corp (INTC) of all these stocks to be the riskiest since it has the highest beta of 1.497408. No, this measure of risk does not include the idiosyn

Which investment is riskier, Stock A has an expected return of 9 percent, a...

Stock A has an expected return of 9 percent, a standard deviation of 20 percent, and a market beta of 0.5. Stock B has an expected rate of return of 10 percent, a standard deviatio

Calculate the loss suffered by the shareholders, In June 2004, Feltex Carpe...

In June 2004, Feltex Carpets Limited raised NZ $254 million in an initial public offering. Twenty seven months later the company was in receivership, its share price having collaps

Ratio analysis, This subject has really beeen difficult for me. This is, by...

This subject has really beeen difficult for me. This is, by far, the most challenging assignment I have had to deal with. Please help! If someone can do it for me, that would be ev

Calculate the optimal allocation of stocks, A) Suppose you have two stocks ...

A) Suppose you have two stocks (A and B) in your portfolio, worth $400,000 and $600,000 respectively. The annual volatility is 0.30 and 0.35 respectively. The correlation between t

What you understand by the term gender budgeting, Question 1: (a) "MT...

Question 1: (a) "MTEF is about resource control, resource allocation and resource utilization." You are required to identify and discuss the different stages of MTEF. (N

Write Your Message!

Captcha
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