subject
Business, 06.05.2021 18:30 aaron2113

Additional Information for 2022: Land of $660,000 was obtained by issuing a note payable to the seller. Buildings of $848,000 and equipment of $30,480 were purchased using cash. Monthly payments during the year reduced notes payable by $8,074. Issued common stock for $1,160,000. Purchased 11,600 shares of treasury stock for $23 per share. Sold 5,600 shares of treasury stock at $24 per share. Declared and paid a cash dividend of $13,320. Required: Prepare the statement of cash flows for the year ended December 31, 2022, using the indirect method.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 15:20
What is the purpose of taking a personality inventory assessment? a. to find out what personality traits you should acquire for a successful career b. to identify your personality traits and relate them to a suitable career c. to compare your personality traits with those of successful people in different careers d. to identify aspects of your personality that you can improve with the of a counselor
Answers: 3
question
Business, 22.06.2019 10:00
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
Answers: 1
question
Business, 22.06.2019 10:30
The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?
Answers: 3
question
Business, 22.06.2019 10:50
Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?
Answers: 3
You know the right answer?
Additional Information for 2022: Land of $660,000 was obtained by issuing a note payable to the sell...
Questions
question
Mathematics, 29.12.2020 14:40
question
English, 29.12.2020 14:40
question
Health, 29.12.2020 14:40
question
Mathematics, 29.12.2020 14:40
question
Mathematics, 29.12.2020 14:50
Questions on the website: 13722367