Cash provided by operating activities = $36,642 + $5,776 - $6,176 - $3,079 = $33,163
Option C.
$94,100 received from the sale of land should be reported as cash inflow under investing activity.
Option C.
please help Rogers Company reported net income of $36,642 for the year. During the year, accounts...
Land costing $68,000 was sold for $94,100 cash. The gain on the sale was reported on the income statement as other revenue. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land? a. $26,100 Ob. $68,000 c. $94,100 Od. $162,100
Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by $7,000, accounts payable decreased by $3,000, and depreciation expense of $8,000 was recorded. Net cash provided by operating activities under the indirect method for the year is a. $53,000 b. $47,000 c. $33,000 d. $37,000
Rogers Company reported net income of $41,476 for the year. During the year, accounts receivable increased by $5,021, accounts payable decreased by $4,194 and depreciation expense of $4,236 was recorded. Net cash provided by operating activities for the year is
10 A company had net income of $231,467. Depreciation expense was $26,338. During the year, accounts receivable and inventory increased by $18,957 and $38,824, respectively. Prepaid expenses and accounts payable decreased by $1,764 and $5,616, respectively. There was also a loss on the sale of equipment of $4,598. How much was the net cash flow from operating activities on the statement of cash flows using the indirect method? a.$200,770 b.$246,388 c.$262,403 d.$191,574 11 Land costing $130,147 was sold for $174,490...
The net income reported on the income statement for the current year was $295,306. Depreciation recorded on fixed assets and amortization of patents for the year were $35,984 and $11,635, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: End Cash $55,258 Accounts Receivable 125,663 Inventories 108,205 Prepaid Expenses 4,229 Accounts Payable (merchandise creditors) 52,884 What is the amount of cash flows from operating activities reported on...
Sunland Company reported net income of $69700 for the year. During the year, accounts receivable increased by $5700, accounts payable decreased by $4900 and depreciation expense of $8400 was recorded. Net cash provided by operating activities for the year is _____________
Blossom Company reported net income of $386000 for the year. During the year, accounts receivable increased by $28000, accounts payable decreased by $12000 and depreciation expense of $60000 was recorded. Net cash provided by operating activities for the year is $386000. $342000. $406000. $366000.
Bonita Company reported net income of $55000 for the year. During the year, accounts receivable decreased by $8500, accounts payable increased by $4100 and depreciation expense of $5300 was recorded. Net cash provided by operating activities for the year is $54100. $49700. $42400. $72900.
ogers Company reported net income of $40,429 for the year. During the year, accounts receivable increased by $7,064, accounts payable decreased by $2,818 and epreciation expense of $20,482 was recorded. Net cash provided by operating activities for the year is a. $70,793 b. $40,429 c. $65,157 d. $51,029
Baxter Company reported a net loss of $12,742 for the year ended December 31. During the year, accounts receivable decreased by $4,030, inventory increased by $8,790, accounts payable increased by $13,655, and depreciation expense of $4,082 was recorded. During the year, operating activities Oa. provided net cash of $12,742. Ob. used net cash of $12,742. Oc. used net cash of $235. Od. provided net cash of $235