Refer to the following selected financial information from Growth, Inc. Compute the company’s times interest earned.        Interest expense $ 9,100 Income tax expense   22,700 Net income after tax   56,500

A purchase of land in exchange for a long-term note payable is reported in the investing section of the statement of cash flows.

Annual cash dividends per share divided by market price per share is the:

A company had average total assets of $3,216,000, total cash flows of $1,320,000, cash flows from operations of $554,000, and cash flows for plant assets of $850,000. The cash flow on total assets ratio equals:

The payment of cash dividends to shareholders is classified as a financing activity.

When using the indirect method to calculate and report net cash provided or used by operating activities, which of the following is subtracted from net income?

A company reported that its bonds with a par value of $50,000 and a carrying value of $57,000 are retired for $60,000 cash, resulting in a loss of $3,000. The amount to be reported under cash flows from financing activities is:

Atlantis Corporation paid cash dividends totaling $75,000 during its most recent fiscal year. How should this information be reported on Atlantis’s statement of cash flows?

If the liabilities of a company increased $74,000 during a period of time and equity in the company decreased $19,000 during the same period, what was the effect on the assets?

Atlantis Corporation paid cash dividends totaling $75,000 during its most recent fiscal year. How should this information be reported on Atlantis’s statement of cash flows?