State the Section(s) of the Statement of Cash Flows Prepared

question 69

Short Answer

State the section(s) of the statement of cash flows prepared by the indirect method (operating activities, investing activities, financing activities, or not reported) and the amount that would be reported for each of the following transactions:
(a) Received $120,000 from the sale of land costing $70,000
(b) Purchased investments for $75,000
(c) Declared $35,000 cash dividends on stock. $5,000 dividends were payable at the beginning of the year, and $6,000 were payable at the end of the year
(d) Acquired equipment for $64,000 cash
(e) Declared and issued 100 shares of $20 par common stock as a stock dividend, when the market price of the stock was $32 a share
(f) Recognized depreciation for the year, $37,000
(g) Issued 85,000 shares of $10 par common stock for $25 a share, receiving cash
(h) Issued $500,000 of 20-year, 10% bonds payable at 99
(i) Borrowed $43,000 from Regional Bank, issuing a 5-year, 8% note for that amount

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Definitions:

Toxicity

The degree to which a substance can harm humans or animals, often depending on dose and exposure duration.

Human Exposure Levels

The concentration or amount of a chemical or physical agent that a person is exposed to, which can affect health risk assessments.

Margin Of Safety

The extent to which a product or activity is considered safe, or the difference between a product's normal operating condition and its failure point.

Endocrine Systems

A chemical messaging system in the body comprised of glands that release hormones directly into the bloodstream, influencing numerous physiological processes.