State the Section (S) of the Statement of Cash Flows

question 91

Essay

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 five-year, 8% note for that amount.

Understand the concepts of economic mobility and the factors influencing it in the United States.

Grasp the methodology behind setting and understanding the poverty line.

Describe the determination and implications of the poverty rate.

Comprehend the origins of wealth in the United States, particularly the balance between inherited wealth and self-made fortunes.

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Definitions:

Organizational Socialization

The process by which new employees learn the norms, values, and required behaviors of an organization.

U.S. Workforce

The labor pool in the United States, encompassing all employed individuals across various sectors and industries.

Women or People of Color

Refers to individuals identified as female or those belonging to racial or ethnic groups that have historically been marginalized.

Layers of Organizational Culture

The different levels at which organizational culture manifests, including artifacts (visible elements like dress code), espoused values (organization’s stated values and rules), and underlying assumptions (unconscious, taken-for-granted beliefs).