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In: Finance
Sandhill Company increased its investments in marketablesecurities by $322,370 and paid $1,208,231 for new fixed...
Sandhill Company increased its investments in marketable securities by $322,370 and paid $1,208,231 for new fixed assets during 2017. The company also repaid $780,200 of existing long-term debt while raising $913,505 of new debt capital. In addition, Sandhill had a net cash inflow of $349,002 from the sale of fixed assets, and repurchased stock in the open markets for a total of $54,001. What is the net cash used in long term investing activities by Sandhill? What is the net cash provided by the company’s financing activities? (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Investing activities$
Financing activities$
Solutions
jeff jeffy answered 2 years agoRelated Solutions
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Carla Vista Company increased its investments in marketable
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during 2017. The company also repaid $766,200 of existing long-term
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Sandhill Stores is a new company that started operations on March 1, 2021. The company has...
Sandhill Stores is a new company that started operations on
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The following transactions are for Sandhill Company. 1. On December 3, Sandhill Company sold $491,200 of...
The following transactions are for Sandhill Company.
1.
On December 3, Sandhill Company sold $491,200 of merchandise to
Wildhorse Co., terms 3/10, n/30. The cost of the merchandise sold
was $322,800.
2.
On December 8, Wildhorse Co. was granted an allowance of
$24,400 for merchandise purchased on December 3.
3.
On December 13, Sandhill Company received the balance due from
Wildhorse Co.
(a)
Prepare the journal entries to record these transactions on the
books of Sandhill Company. Sandhill Company uses...
41. Ford Company Retained Earnings increased $20,000 during the year and the Company paid dividends of...
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income (loss) for the year?
$24,000.
$34,000.
$(24,000).
$4,000.
Some other amount.
43. Missouri Magazine Publishing Company sells magazine
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Condensed financial data of Sandhill Company for 2020 and 2019 are presented below. SANDHILL COMPANY COMPARATIVE...
Condensed financial data of Sandhill Company for 2020 and 2019 are
presented below.
SANDHILL COMPANY
COMPARATIVE BALANCE SHEET
AS OF DECEMBER 31, 2020 AND 2019
2020
2019
Cash
$1,790
$1,170
Receivables
1,780
1,310
Inventory
1,580
1,900
Plant assets
1,900
1,720
Accumulated depreciation
(1,180
)
(1,140
)
Long-term investments (held-to-maturity)
1,310
1,420
$7,180
$6,380
Accounts payable
$1,220
$880
Accrued liabilities
210
240
Bonds payable
1,380
1,550
Common stock
1,930
1,660
Retained earnings
2,440
2,050
$7,180
$6,380
SANDHILL COMPANY
INCOME STATEMENT
FOR...
Sandhill Growth Company is testing a number of new agricultural seeds that it has recently harvested....
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decided to grant five of its largest customers the unconditional
right to return these products if not fully satisfied. The right of
return extends for four months. Sandhill Growth sells these seeds
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Customers are required to pay the full amount due by June 15, 2020.
The company follows IFRS....
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Sandhill Growth Company is testing a number of new agricultural
seeds that it has recently harvested. To stimulate interest, it has
decided to grant five of its largest customers the unconditional
right to return these products if not fully satisfied. The right of
return extends for four months. Sandhill Growth sells these seeds
on account for $1,950,000 (cost $600,000) on April 2, 2020.
Customers are required to pay the full amount due by June 15, 2020.
The company follows IFRS....
The hospital has increased its rate to $3000 for knee replacement. The insurance company has increased...
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replacement. The insurance company has increased the deductible to
$1500. What is the new allowed rate paid by the insurance company?
What does the insured pay? What does the insurance company pay on
behalf of the insured?
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