The following events occurred last year at Dorder Corporation: Based on the abov

Question

The following events occurred last year at Dorder Corporation:

Based on the above information, the cash provided (used) by investing activities for the year on the statement of cash flows would net to:

$(75,000)

$(50,000)

$(23,000)

$(25,000)

2.

Last year Burch Corporation's cash account decreased by $22,000. Net cash provided by investing activities was $7,700. Net cash used in financing activities was $18,000. On the statement of cash flows, the net cash flow provided by (used in) operating activities was:

$(11,700)

$(22,000)

$10,300

$(32,300)

3.

McCorey Corporation recorded the following events last year:

On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities, and some are classified as financing activities.

Based solely on the information above, the net cash provided by (used in) investing activities on the statement of cash flows would be:

$(9,000)

$(20,000)

$35,000

$104,000

4.

Financial statements of Rukavina Corporation follow:

324      

298      

$325      

$293      

121      

72      

$325      

$293      

455

154

32

$59

Cash dividends were $10. 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.

$4

$(10)

$(43)

$(10)

5.Alcoser Corporation's most recent balance sheet appears below:

Net income for the year was $60. Cash dividends were $12. 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.

The net cash provided by (used in) investing activities for the year was:

$74

($74)

($72)

$72

The following events occurred last year at Dorder Corporation:

Explanation / Answer

       1 Dorder Corporation Details Amt $ Cash flow from Investing Activities Purchase of PPE           (71,000) Sale of long term investment             46,000           (25,000) Cash flow from Investing Activities           (25,000)        2 Net Cash Reduced             (22,000) Cash provided by Investing Activities               7,700 Net Cash used in Financing Activities           (18,000) So Balance Cash used by Operating Activities           (11,700) So correct option =-$11,700        3 McCorey Corporation Cash flow from Investing Activities Amt $ Sale from Long term investment               59,000 Collection of Loan               45,000 Cash flow from Investing Activities           104,000 So correct option is $104,000        4 Rukavina Corporation Cash flow from Investing Activities Amt $ Purchase of PPE                   (43) Cash flow from Investing Activities                   (43) Correct Option is $-43        5 Alcoser Corporation Cash flow from Investing Activities Amt $ Purchase of PPE                   (74) Cash flow from Investing Activities                   (74) So correct option is -$74

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