7 - Bought inventory for cash of $ 160,000 . 8 - Acquired an investment in Zynga stock for cash of $ 21,000 . 9 - Converted bonds payable to common stock in the amount of $ 500,000 . 10 - Repaid a 6 year note payable in the amount of $ 220,000 .
What is the net cash provided by financing activities ? Question 11
In order to determine net cash provided by operating activities , a company must convert net income from an accrual basis to a cash basis under Question 12
The information to prepare the statement of cash flows comes from all of the following sources except Question 13
Peninsula Company reported net income of $ 260,000 for the year . During the year , accounts receivable increased by $ 21,000 , accounts payable decreased by $ 9,000 and depreciation expense of $ 45,000 was recorded . Net cash provided by operating activities for the year is Question 14
In calculating cash flows from operating activities using the indirect method , a loss on the sale of equipment will appear as a ( n ) Question 15
The net income reported on the income statement for the current year was $ 440,000 . Depreciation was $ 62,000 . Accounts receivable and inventories decreased by $ 20,000 and $ 32,000 , respectively . Prepaid expenses and accounts payable increased , respectively , by $ 2,000 and $ 16,000 . How much cash was provided by operating activities ? Question 16