Proceeds from long-term borrowings purchases of plant


1. Problem - Selected information from a company's accounting records is as follows: Proceeds from sale of land, Proceeds from long-term borrowings, Purchases of plant assets, Purchases of inventories, Proceeds from sale of common stock. What is the net cash provided (used) by investing activities?

2. Problem - Selected information from a company's accounting records is as follows: Proceeds from issuance of common stock, Proceeds from issuance of bonds, Cash dividends paid on common stock, Cash dividends paid on preferred stock paid, Purchases of treasury stock. What is the net cash provided (used) by financing activities for the year?

3. Problem - A company earned a certain amount of net income which included depreciation expense. In addition, the company experienced the following changes in account balances: Increase in accounts payable, Increase in inventory, Decrease in accounts receivable, Decrease in prepaid insurance. Based upon this information, what amount will be shown for net cash provided by operating activities?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Proceeds from long-term borrowings purchases of plant
Reference No:- TGS0755444

Now Priced at $10 (50% Discount)

Recommended (92%)

Rated (4.4/5)