Cash Sales |
130,000 |
Capital Expenditures |
22,000 |
Dividends Paid |
6,000 |
What is the current cash debt coverage ? Question 18
Which of the following income statement figures would probably be the best indicator of a company ‘ s future performance ? Question 19
Which one of the following is not a benefit of budgeting ? Question 20
The single most important output in preparing financial budgets is the Question 21
Zoum Corporation had the following transactions during 2014 :
1 - Issued $ 125,000 of par value common stock for cash . 2 - Recorded and paid wages expense of $ 60,000 . 3 - Acquired land by issuing common stock of par value $ 50,000 . 4 - Declared and paid a cash dividend of $ 10,000 . 5 - Sold a long-term investment ( cost $ 3,000 ) for cash of $ 3,000 . 6 - Recorded cash sales of $ 400,000 . 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 operating activities ? Question 22
A critical factor in budgeting for a service firm is to