Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. in preparing its cash flow statement for the year

In preparing its cash flow statement for the year ended December 31, 2018, Green Co....

80.2K

Verified Solution

Question

Accounting

In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data:

Gain on sale of land $ 12,600
Proceeds from sale of land 21,500
Purchase of Black, Inc., bonds (face value $210,000) 362,000
Amortization of bond discount 4,100
Cash dividends declared 94,000
Cash dividends paid 75,000
Proceeds from sales of Green Co. common stock 152,000

In its December 31, 2018, statement of cash flows, what amount should Green report as net cash from financing activities?

Multiple Choice

$58,000.

$19,000.

$152,000.

$77,000.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Know generally how monitor changes in the expression of large numbers of genes:

Mechanical Engineering
1.2K views

You are to manufacture a smart phone case, material selection question below: Speicfy the details of the...

Biology
1.2K views

Which of the following terms is used to describe delayed puberty Oa hypothyroidism Ob hypoglycemia...

Biology
1.2K views

Treating an auto immune disease such as Ulcerative Colitis or Lupus by infecting the diseased...

Biology
1.2K views

Complete the sentences on elements and atoms using the words provided Carbon 12 Carbon 13...

Biology
1.2K views

Choose the correct answer Filibusters are generally expended by a O majority of the Senate...

Physics
1.2K views

stra P O if the time period of the motion is T then its kinetic...

Accounting
1.2K views

Question 2 (10 points) Use the following information to answer question: Assume the standard...

Accounting
1.2K views

A company has pretax income of $250,000 for the year. Included in pretax income...

Accounting
1.2K views

What process is used to assign costs in an ABC system? Provide numerical example?

Accounting
1.2K views

What am I missing from this balance sheet to get full credit? Here's what...

Accounting
1.2K views

Current Designs 25 a-d (Part Level Submission) A company that manufactures recreational pedal boats has...