HW_Prompts_8 - P8-1 Cash Flow Operating Cash Flow Investing...

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P8-1 Cash Flow - Operating 19,000 Cash Flow - Investing (1,000) Cash Flow - Financing 396,000 P8-2 Cash Flow - Operating 77,600 Cash Flow - Investing (15,000) Cash Flow - Financing (40,000) P8-3 Cash Flow - Operating (237,180) Cash Flow - Investing 0 Cash Flow - Financing (20,000) P8-5 Cash Flow - Operating (5,600) Cash Flow - Investing (2,000) Cash Flow - Financing 30,000 P8-6 Cash Flow - Operating (700) Cash Flow - Investing 0 Cash Flow - Financing 11,000 P8-7 Cash Flow - Operating 13,800 Cash Flow - Investing (2,000) Cash Flow - Financing (2,000)
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Problem 8-1 CBB Inc CBB Inc Statement of Cash Flows For the Period Ending December 31, 20x1 Operating Activities Net Income 68600 Add: Deprecation Expense 0 Add: Amortization Expense 0 Add: Loss on Sale of Fixed Asset 0 Add: Gain on Sale of Fixed Asset 0 Increase in Inventory -80000 Increase in Taxes Payable 29400 Increase in Wages Payable 1000 Cash Provided By Operating Activities 19000 Investing Activities Purchase of Fixed Asset 0 Purchase of Fixed Asset 0 Sales of Fixed Asset 0 Payment of Security Deposit -1000 Refund of Security Deposit 0 Cash Provided by Investing Activities -1000 Financing Activities New Borrowings 100000 Payments on Debt 0 Issuances on Common Stock 300000 Purchases of Treasury Stock 0 Payment of Dividends -4000 Issuances of Bonds 0 Redemptions of Bonds 0 Cash Provided by Financing Activities 396000 Increase in Cash 414000 Beginning Cash, January 1, 20x1 0 Ending Cash, December 31, 20x1 414000 Supplemental Cash Flow Information Cash Payments for income taxes 0 Cash Payments for interest 8000 Non cash investing and financing activities Issued 500 Shares of Stock for Land $50,000
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Problem 8-2 CBB Inc CBB Inc Statement of Cash Flows For the Period Ending December 31, 20x2 Operating Activities Net Income 85820 Add: Deprecation Expense 8000 Add: Amortization Expense 0 Add: Loss on Sale of Fixed Asset 0 Add: Gain on Sale of Fixed Asset 0 Increase in Accounts Receivable -211200 Increase in Inventory -52000 Increase in Prepaid Insurance -3000 Increase in Accounts Payable 237600 Increase in Taxes Payable 7380 Increase in Wages Payable 1000 Increase in Rent Payable 4000 Cash Provided By Operating Activities 77600 Investing Activities Purchase of Furniture and Fixtures -15000 Purchase of Fixed Asset 0 Sales of Fixed Asset 0 Payment of Security Deposit 0 Refund of Security Deposit 0 Cash Provided by Investing Activities -15000
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