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Wiley Assignment Week 5

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Pioneer Corporation had the transactions below during 2011.

Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities.


Issued $50,000 par value common stock for cash.


Purchased a machine for $30,000, giving a long-term note in exchange.


Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.


Declared and paid a cash dividend of $18,000.


Sold a long-term investment with a cost of $15,000 for $15,000 cash.


Collected $16,000 of accounts receivable.


Paid $18,000 on accounts payable.

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