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QUESTIONS 15 THROUGH 17 ARE BASED ON EXHIBIT 5-1...

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QUESTIONS 15 THROUGH 17 ARE BASED ON EXHIBIT 5-1 EXHIBIT 5-1 THE FOLLOWING DATA RELATES TO AMANDA INC. FOR YEAR 3 GARIN ON SALE OF EQUIPMENT 8,000 PURCHASE OF WILL BONDS (300,000 FACE VALUE) 275,000 PROCEEDS FROM SALE OF MACHINERY 300,000 DIVIDENDS PAID 50,000 PROCEEDS FROM SALE OF TREASURY STOCK 200,000 QUESTION #15 What is the amount reported as net cash provided from investing activities? a-25,000 b-50,000 c-275,000 d-575,000 QUESTION # 16 What is the amount reported as net cash provided by financing? a-25,000 b-30,000 c-150,000 d-160,000 QUESTION # 17 The gain on sale of equipment should be a- A source of funds in the financing activities section b- Added back to net income to arrive at cash flow from operations c- Excluded from the statement of cash flows d- Subtracted from net income to arrive at cash flow from operations,MIchael, Just reminder the have TABLE 5-1 FOR THESE THREE QUESTIONS. REGARDS.,Enter your follow up question here...,Enter your follow up question here...

 

Paper#11066 | Written in 18-Jul-2015

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