subject
Business, 10.12.2021 22:40 neariah24

Zoum Corporation had the following transactions during 2017: 1. Issued $250,000 of par value common stock for cash.
2. 3. Recorded and paid wages expense of $120,000. Acquired land by issuing common stock of par value $100,000.
4. Declared and paid a cash dividend of $20,000
5. Sold a long-term investment (cost $8,000) for cash of $6,000
6. Recorded cash sales of $800,000.
7. Bought inventory for cash of $320,000.
8. Acquired an investment in Zynga stock for cash of $42,000.
9. Converted bonds payable to common stock in the amount of $1,000,000.
10. Repaid a 6-year note payable in the amount of $440,000.
What is the net cash provided by financing activities?
a. $(210,000).
b. $790,000.
c. S(1,210,000).
d. $230,000.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 16:00
What is used by accountant to analyze transactions ?
Answers: 2
question
Business, 22.06.2019 16:50
Identify and describe a variety of performance rating scales that can be used in organizations including graphical scales, letter scales, and numeric scales.
Answers: 2
question
Business, 22.06.2019 21:50
Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.
Answers: 2
question
Business, 22.06.2019 22:10
What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?
Answers: 1
You know the right answer?
Zoum Corporation had the following transactions during 2017: 1. Issued $250,000 of par value commo...
Questions
question
Mathematics, 03.12.2020 06:30
question
English, 03.12.2020 06:30
question
Chemistry, 03.12.2020 06:30
question
Mathematics, 03.12.2020 06:30
Questions on the website: 13722363