Business, 07.10.2021 14:00 naomi12360

Consider the following: The beginning balance of Retained Earnings is $100,000 and the ending balance is $250,000. Net Income for the year is $165,000. The company declared and paid a cash dividend. Received $240,000 for the sale of Land on which there was a gain of $17,000. Received $195,000 for the issuance of Common Stock. The beginning balance of Notes Payable was $150,000 and the ending balance was $200,000. During the year a Note Payable with a principal of $120,000 was fully repaid. Sold Equipment for cash. The equipment had a book value of $95,000 and there was a Loss of $25,000 incurred on the sale. Determine: Net Cash Provided (or Used) by Investing activities: Net Cash Provided (or Used) by Financing activities:

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Consider the following: The beginning balance of Retained Earnings is $100,000 and the ending balanc...

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