ACC349wk5.ind.hmwk - 130 Retirement of bonds payable-150...

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A) $30000(4.96764) = $149029.20 B) $30000(8.31256) = $249376.80 C) $30000(5.32825) = $159847.50 ????
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Cash flows from operating activities Net income $810 provided by operating activities: $30 Gain on sale of investments -80 Decrease in inventory 300 Increase in accounts payable 300 Increase in receivables -450 Decrease in accrued liabilities -50 50 Net cash provided by operating activities 860 Cash flows from investing activities Sale of held-to-maturity investments 200 ($1,420 – $1,300) + $80 -130 Net cash provided by investing activities 70 Cash flows from financing activities
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Unformatted text preview: 130 Retirement of bonds payable-150 Payment of cash dividends-260 Net cash used by financing activities-280 Net increase in cash 650 Cash, January 1, 2008 1,150 Cash, December 31, 2008 $1,800 Noncash investing and financing activities Issuance of common stock for plant assets $70 Adjustments to reconcile net income to net cash Depreciation expense ($1,200 $1,170) Purchase of plant assets ($1,900 $1,700) $70 Issuance of capital stock ($1,900 $1,700) $70...
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This note was uploaded on 01/01/2012 for the course ACCOUNTING Intermedia taught by Professor Varied during the Spring '11 term at University of Science and Arts of Oklahoma.

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ACC349wk5.ind.hmwk - 130 Retirement of bonds payable-150...

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