Selected information follows for Wildhorse Select Corporation at December 31:
2021 2020
Bond...
Business, 09.04.2021 01:00, hhugfatqtyc
Selected information follows for Wildhorse Select Corporation at December 31:
2021 2020
Bonds payable $507,450 $507,450
Mortgage notes payable 242,250 102,000
Common shares 28,050 22,950
Retained earnings 84,150 43,350
Additional information:
a. Principal payments on the mortgage payable were $12,750.
b. A building was purchased for $255,000 by paying $102,000 cash and signing a mortgage note payable for the balance.
c. Profit for the year was $73,950. Assuming the company reports under ASPE and all dividends have been paid, prepare the financing activities section of the cash flow statement.
Required:
Prepare the financing activities section of Wildhorse's statement of cash flows for the year.
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 02:00, Sumysumy
Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. a) find the economic order quantity. b) find the annual holding costs. c) find the annual ordering costs. d) what is the reorder point?
Answers: 2
Business, 23.06.2019 12:50, sleimanabir
Delux technology has a reputation of reliability and a winning customer service, qualities that to build this highly respected name brand over the last 15 years. speaking at a recent business conference, steve, the ceo of delux, told his audience, "we have built our reputation by changing little over the last several years, but consistently customers with great, caring service and a reliable product." which type of strategy does delux technology use? a.) growth strategy b.) defensive strategy c.) retrenchment strategy d.) merger approach e.) stability strategy
Answers: 1
Business, 23.06.2019 21:00, madisonnxo
When a large marketing company contracts with a payroll service company to process employee checks for them, they are a. diversifying the workforce b. outsourcing c. telecommuting d. completing the business cycle select the best answer from the choices provided
Answers: 1
Do you know the correct answer?
Questions in other subjects:
Biology, 25.06.2019 18:10
Social Studies, 25.06.2019 18:10
History, 25.06.2019 18:10
