Cash paid for interest, $22,000 Cash paid for dividends, $6,400 Cash dividends received, $4,400 Cash proceeds from bank loan, $33,000 Cash purchase of treasury stock, $13,000 Cash paid for equipment purchase, $29,000 Cash received from issuance of common stock, $39,000 Cash received from sale of land with a $34,000 book value, $26,600 Acquisition of land costing $53,000 in exchange for preferred stock issuance. Payment of $120,000 note payable by exchanging used machinery with a $79,000 book value and $120,000 fair value How much was Flow's net cash flow from investing activities

Grace period is a period of time before the credit card company starts charging late fees. truefalse

Chance company had two operating divisions, one manufacturing farm equipment and the other office supplies. both divisions are considered separate components as defined by generally accepted accounting principles. the farm equipment component had been unprofitable, and on september 1, 2018, the company adopted a plan to sell the assets of the division. the actual sale was completed on december 15, 2018, at a price of $600,000. the book value of the division’s assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale. the division incurred a before-tax operating loss from operations of $130,000 from the beginning of the year through december 15. the income tax rate is 40%. chance’s after-tax income from its continuing operations is $350,000. required: prepare an income statement for 2018 beginning with income from continuing operations. include appropriate eps disclosures assuming that 100,000 shares of common stock were outstanding throughout the year. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)

When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations