Business
Business, 02.11.2020 16:50, reeseleprell4141

Packard Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are cash transactions.)1) Acquired $1,350 cash from the issue of common stock.2) Borrowed $820 from a bank.3) Earned $1,000 of revenues cash.4) Paid expenses of $330.5) Paid a $130 dividend. During Year 2, Packard engaged in the following transactions. (Assume all transactions are cash transactions.)1) Issued an additional $725 of common stock.2) Repaid $500 of its debt to the bank.3) Earned revenues of $1,150 cash.4) Incurred expenses of $520.5) Paid dividends of $180.What is the net cash inflow from operating activities on Packard's statement of cash flows for Year 2

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 08:30, Maelynne8515
In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (
Answers: 3
image
Business, 22.06.2019 11:40, sabrinabowers4308
Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes
Answers: 1
image
Business, 22.06.2019 11:50, ayoismeisalex
Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a. change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c. stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.
Answers: 2
image
Business, 22.06.2019 20:00, kickdoedon
During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above
Answers: 3
Do you know the correct answer?
Packard Company engaged in the following transactions during Year 1, its first year of operations. (...

Questions in other subjects:

Konu
Mathematics, 18.02.2021 18:10
Konu
Mathematics, 18.02.2021 18:10
Konu
Mathematics, 18.02.2021 18:10