In preparing a company's statement of cash flows using the indirect method, the following information is...
In preparing a company's statement of cash flows using the indirect method, the following information is available:
| Net income | $72,000 |
|---|---|
| Accounts payable increased by | 38,000 |
| Accounts receivable decreased by | 65,000 |
| Inventories decreased by | 25,000 |
| Cash dividends paid | 34,000 |
| Depreciation expense | 60,000 |
Net cash provided by operating activities was:
Multiple Choice
$260,000
$111,000
Homework Answers
The correct answer is "$260,000."
Supporting calculations:
| Cash Flows from Operating Activities: | |
| Net Income | $72,000 |
| Add: Depreciation Expense | $60,000 |
| Add: Increase in Accounts Payable | $38,000 |
| Add: Decrease in Accounts Receivable | $65,000 |
| Add: Decrease in Inventories | $25,000 |
| Net cash provided by Operating Activities | $260,000 |
| Note: Cash dividends comes under Financing Activities. | |
Add Answer to:
In preparing a company's statement of cash flows using the indirect method, the following information is...
pls help? In preparing a company's statement of cash flows using the indirect method, the following...
pls help?
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable decreased by Accounts receivable increased by Inventories increased by Depreciation expense $52,000 18,000 25,000 5,000 30,000 Net cash provided by operating activities was: Multiple Choice o $52,000 O $34.000 n $60.000 - Multiple Choice o $52000. o $34,000. o $60,000. o S80.000. S70.000.
In preparing a company's statement of cash flows using the indirect method, the following information is...
In
preparing a company's statement of cash flows using the indirect
method, the following information is availiable:
Net income Accounts payable decreased by Accounts receivable increased by Inventories increased by Depreciation expense $82,000 33,000 40,000 20,000 60,000 Net cash provided by operating activities was: Multiple Choice ο $115,000. ο $155,000. ο $49,000. ο $75,000. ο $82,000.
In preparing a company's statement of cash flows using the indirect method, the following information is...
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable increased by Accounts receivable decreased by Inventories increased by Depreciation expense $52,000 18,000 25,000 5,000 30,000 Net cash provided by operating activities was:
In preparing a company's statement of cash flows for the most recent year using the indirect method
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:Net income for the year was $71,000Accounts payable increased by 37,000Accounts receivable decreased by 63,000Inventories decreased by 24,000Cash dividends paid were 33,000Depreciation expense was 58,000Net cash provided by operating activities was:Multiple Choice$109,000 $62,000 $253,000 $205,000$108,000
In preparing a company's statement of cash flows for the most recent year using the indirect...
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available $53,000 18,100 Net income for the year was Accounts payable increased by Accounts receivable decreased by25,100 Inventories increased by Depreciation expense was 5,200 30,300 Net cash provided by operating activities was Multiple Choice $121,300 $60,700 $71,100 $81,500 $131,700
In preparing a company's statement of cash flows for the most recent year on the indirect...
In preparing a company's statement of cash flows for the most recent year on the indirect method, the following information is available: 59,000-Net income for the year 25,000-AP decreased 39,000-AR decreased 12,000-Inventories increased 21,000-Cash dividends paid 34,000-Depreciation expense Net cash provided by operating activities was:
In preparing a company's statement of cash flows for the most recent year using the indirect method
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: Net income for the yoar was$59,509Accounts payable decreased by25,500Accounts receivable increased by32,500Inventories increased by12,500Cash dividends patd here15,500Depreciation expersen mar27,500Net cash provided by operating activities was
In preparing a company's statement of cash flows for the most recent year using the indirect...
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: 39 Net income for the year was Accounts payable increased by Accounts receivable decreased by 29,000 Inventories decreased by Cash dividends paid were $54,000 20,000 0.3R 09 7,000 16,000 Depreciation expense was 24,000 Net cash provided by operating activities was: Multiple Cholce $134,000, O $120,000, O $75,000. O $74,000. O $28,000.
In preparing a company's siatement of cash flows for the most recent year using the indirect...
In preparing a company's siatement of cash flows for the most recent year using the indirect method, the following information is available Net income for the year was Accounts payable increased by Accounts receivable decreased by Inventories decreased by Cash dividends paid were Depreciation expense was $72,800 33,000 65,900 25,000 34,900 50,000 Net cash provided by opereting activilies was Mutiple Choice $250,000 $11.000 $210.000 $84,000 $110.000
company s statement of casri fiows using the indirect method, the followinng iniormation is available: Net...
company s statement of casri fiows using the indirect method, the followinng iniormation is available: Net income $59,000 25,000 Accounts payable decreased by Accounts receivable increased by 32,000 Inventories increased by 12,000 Cash dividends paid 15,400 Depreciation expense 27,000 Net cash provided by operating activities was: Multiple Choice $51,000 $75,600. $141,000. $37,000. $17,000.
pls help?
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable decreased by Accounts receivable increased by Inventories increased by Depreciation expense $52,000 18,000 25,000 5,000 30,000 Net cash provided by operating activities was: Multiple Choice o $52,000 O $34.000 n $60.000 - Multiple Choice o $52000. o $34,000. o $60,000. o S80.000. S70.000.
In
preparing a company's statement of cash flows using the indirect
method, the following information is availiable:
Net income Accounts payable decreased by Accounts receivable increased by Inventories increased by Depreciation expense $82,000 33,000 40,000 20,000 60,000 Net cash provided by operating activities was: Multiple Choice ο $115,000. ο $155,000. ο $49,000. ο $75,000. ο $82,000.
In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable increased by Accounts receivable decreased by Inventories increased by Depreciation expense $52,000 18,000 25,000 5,000 30,000 Net cash provided by operating activities was:
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available $53,000 18,100 Net income for the year was Accounts payable increased by Accounts receivable decreased by25,100 Inventories increased by Depreciation expense was 5,200 30,300 Net cash provided by operating activities was Multiple Choice $121,300 $60,700 $71,100 $81,500 $131,700
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: 39 Net income for the year was Accounts payable increased by Accounts receivable decreased by 29,000 Inventories decreased by Cash dividends paid were $54,000 20,000 0.3R 09 7,000 16,000 Depreciation expense was 24,000 Net cash provided by operating activities was: Multiple Cholce $134,000, O $120,000, O $75,000. O $74,000. O $28,000.
In preparing a company's siatement of cash flows for the most recent year using the indirect method, the following information is available Net income for the year was Accounts payable increased by Accounts receivable decreased by Inventories decreased by Cash dividends paid were Depreciation expense was $72,800 33,000 65,900 25,000 34,900 50,000 Net cash provided by opereting activilies was Mutiple Choice $250,000 $11.000 $210.000 $84,000 $110.000
company s statement of casri fiows using the indirect method, the followinng iniormation is available: Net income $59,000 25,000 Accounts payable decreased by Accounts receivable increased by 32,000 Inventories increased by 12,000 Cash dividends paid 15,400 Depreciation expense 27,000 Net cash provided by operating activities was: Multiple Choice $51,000 $75,600. $141,000. $37,000. $17,000.
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