Question :
84.Royer Corporation engaged in this transaction:
Converted loans payable to stock.
Indicate : 1244224
84.Royer Corporation engaged in this transaction:
Converted loans payable to stock.
Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows.
a.
Operating activities section
b.
Investing activities section
c.
Schedule of noncash investing and financing transactions
d.
Financing activities section
85.Royer Corporation engaged in this transaction:
Acquired long-term investment by issuance of long-term debt.
Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows.
a.
Schedule of noncash investing and financing transactions
b.
Operating activities section
c.
Investing activities section
d.
Financing activities section
86.Royer Corporation engaged in this transaction:
Purchased 30-day U.S. Treasury bill.
Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows.
a.
Operating activities section
b.
Investing activities section
c.
Does not represent a cash flow
d.
Financing activities section
87.Royer Corporation engaged in this transaction:
Purchased 60-day commercial paper.
Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows.
a.
Does not represent a cash flow
b.
Financing activities section
c.
Investing activities section
d.
Operating activities section
88.Royer Corporation engaged in this transaction:
Purchased treasury stock with cash.
Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows.
a.
Financing activities section
b.
Operating activities section
c.
Investing activities section
d.
Does not represent a cash flow
89.Royer Corporation engaged in this transaction:
Sold buildings and equipment for cash.
Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows.
a.
Investing activities section
b.
Operating activities section
c.
Does not represent a cash flow
d.
Financing activities section
90.Royer Corporation engaged in this transaction:
Amortization of a patent. Assume use of the indirect approach.
Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows.
a.
Financing activities section
b.
Operating activities section
c.
Schedule of noncash investing and financing transactions
d.
Investing activities section
91.Royer Corporation engaged in this transaction:
Depreciation on equipment. Assume use of the indirect approach.
Indicate which section, if any, each transaction would appear in, or relate to, on a statement of cash flows.
a.
Operating activities section
b.
Financing activities section
c.
Investing activities section
d.
Schedule of noncash investing and financing transactions
92.If net cash flows from operating activities were $190,000, net income were $50,000, and net sales were $600,000, the cash flow yield would equal
a.
$140,000.
b.
$410,000.
c.
3.8 times.
d.
$240,000
93.If net cash flows from operating activities were $313,000, net income were $200,000, and sales were $2,000,000, cash flows to sales would equal
a.
10.0 percent.
b.
15.7 percent.
c.
$113,000.
d.
0.6 times.
