(Learning Objective 3: Compute financing cash flows) Use the Dallas Computer Sales data in SE12-9…

(Learning Objective 3: Compute financing cash flows) Use the Dallas Computer Sales data in SE12-9 to compute the following; enter all amounts in thousands.

a. New borrowing or payment of long-term notes payable. Dallas Computer Sales had only one long-term note payable transaction during the year. b. Issuance of common stock or retirement of common stock. Dallas Computer Sales had only one common stock transaction during the year.

c. Payment of cash dividends (same as dividends declared).

SE12-9

(Learning Objective 3: Compute investing cash flows) Dallas Computer Sales, Inc., reported the following financial statements for 2014:

 

Compute the following investing cash flows; enter all amounts in thousands.

a. Acquisitions of plant assets (all were for cash). Dallas Computer Sales sold no plant assets.

b. Proceeds from the sale of investments. Dallas Computer Sales purchased no investments.