Chapter 14 – Statement of Cash Flows
74. The net cash provided by (used in) investing activities last year was:
75. The net cash provided by (used in) financing activities last year was:
14–62
76. The free cash flow for the year was:
Threets Corporation’s most recent comparative balance sheet appears below:
The company’s net income for the year was $109 and it paid a cash dividend. It did not
dispose of any property, plant, and equipment during the year. The company did not issue any
bonds payable or repurchase any of its own common stock.
Chapter 14 – Statement of Cash Flows
77. The net cash provided by (used in) operating activities for the year was:
78. The net cash provided by (used in) investing activities for the year was:
Chapter 14 – Statement of Cash Flows
79. The net cash provided by (used in) financing activities for the year was:
80. The free cash flow for the year was:
Chapter 14 – Statement of Cash Flows
14–65
Binnie Corporation’s most recent balance sheet appears below:
Net income for the year was $83. Cash dividends were $16. The company did not dispose of
any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its
own common stock. The following questions pertain to the company’s statement of cash
flows.
Chapter 14 – Statement of Cash Flows
81. The net cash provided by (used in) operating activities for the year was:
Chapter 14 – Statement of Cash Flows
82. The net cash provided by (used in) investing activities for the year was:
83. The net cash provided by (used in) financing activities for the year was:
Chapter 14 – Statement of Cash Flows
14–68
The most recent balance sheet and income statement of Heldt Corporation appear below:
The company paid a cash dividend and it did not dispose of any property, plant, and
equipment. The company did not purchase any bonds payable or repurchase any of its own
common stock. The following questions pertain to the company’s statement of cash flows.
Chapter 14 – Statement of Cash Flows
84. The net cash provided by (used in) operating activities for the year was:
Chapter 14 – Statement of Cash Flows
85. The net cash provided by (used in) investing activities for the year was:
86. The net cash provided by (used in) financing activities for the year was:
Chapter 14 – Statement of Cash Flows
14–71
Financial statements of Ansbro Corporation follow:
Cash dividends were $14. The company did not dispose of any property, plant, and
equipment. It did not issue any bonds payable or repurchase any of its own common stock.
The following questions pertain to the company’s statement of cash flows.
Chapter 14 – Statement of Cash Flows
87. The net cash provided by (used in) operating activities for the year was:
88. The net cash provided by (used in) investing activities for the year was:
Chapter 14 – Statement of Cash Flows
89. The net cash provided by (used in) financing activities for the year was:
Chapter 14 – Statement of Cash Flows
14–74
Watson Company’s comparative balance sheet and income statement for last year appear
below:
The company declared and paid a cash dividend during the year. It did not purchase or
dispose of any property, plant, and equipment. It did not issue any bonds or repurchase any of
its own common stock. The following questions pertain to the company’s statement of cash
flows.
Chapter 14 – Statement of Cash Flows
90. The net cash provided by (used in) operating activities last year was:
Chapter 14 – Statement of Cash Flows
91. The net cash provided by (used in) investing activities last year was:
92. The net cash provided by (used in) financing activities last year was:
Chapter 14 – Statement of Cash Flows
14–77
Gasco Corporation’s balance sheet and income statement appear below:
Cash dividends were $54. The company sold equipment for $14 that was originally purchased
for $8 and that had accumulated depreciation of $1. It did not issue any bonds payable or
repurchase any of its own common stock.
Chapter 14 – Statement of Cash Flows
93. The net cash provided by (used in) operating activities for the year was:
Chapter 14 – Statement of Cash Flows
94. The net cash provided by (used in) investing activities for the year was:
95. The net cash provided by (used in) financing activities for the year was:
Chapter 14 – Statement of Cash Flows
14–80
The most recent comparative balance sheet of Broekemeier Corporation appears below:
The company uses the indirect method to construct the operating activities section of its
statements of cash flows.