Equipment and land were acquired for cash.

1. Assume the growth rate that you calculated in #1 prevailed since 1900. Calculate the price of the house in 1900.
January 4, 2018
Write an assembly language program to input a string from the user, count and display the number of times each word occur in the user input string.
January 4, 2018

Equipment and land were acquired for cash.

The statement of financial position of House Construction Co. for June 30, 2015 and 2014, as presented in Problem 16-1B, is as follows:

The statement of income for the year ended June 30, 2015, is as follows:

The following additional information was taken from the records:

a. Equipment and land were acquired for cash.

b. There were no disposals of equipment during the year.

c. The investments were sold for $54,000 cash.

d. The common shares were issued for cash.

e. There was a $60,000 debit to Retained Earnings for cash dividends declared.

Instructions

Prepare a statement of cash flows using the direct method of presenting cash flows from operating activities.

 

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