The first image is the original question, the rest are the answer choices for each box.
![[Select ] Net Income ($100,000) $100,000](http://img.homeworklib.com/questions/8e1fa960-70bd-11ea-b1e7-2d387fa44bfd.png?x-oss-process=image/resize,w_560)
![[Select ] Depreciation Expense $14,000 ($14,000)](http://img.homeworklib.com/questions/8e8e2920-70bd-11ea-b6f4-19f4e6b713b9.png?x-oss-process=image/resize,w_560)
![[ Select ] Gain/Loss on Sale of Assets ($1,000) $1,000](http://img.homeworklib.com/questions/8efe8b00-70bd-11ea-a3ec-575eae2c1761.png?x-oss-process=image/resize,w_560)
![[Select ] ($7,000) $7,000 Increase in Accounts Payable](http://img.homeworklib.com/questions/8f7c2650-70bd-11ea-af36-cfa4deb4e536.png?x-oss-process=image/resize,w_560)
![[Select ] Decrease in Unearned Revenue ($2,000) $2,000](http://img.homeworklib.com/questions/8fe99580-70bd-11ea-b6fd-5b33c382d7a5.png?x-oss-process=image/resize,w_560)
![Select ] $5,000 ($5,000) Decrease in Accounts Receivable](http://img.homeworklib.com/questions/905a1940-70bd-11ea-8ae5-1789d01cd7e0.png?x-oss-process=image/resize,w_560)
![Select] Increase in Inventory $6,000 ($6,000)](http://img.homeworklib.com/questions/90c92870-70bd-11ea-b56c-f1df5c3ad0be.png?x-oss-process=image/resize,w_560)
![[Select ] Net Increase/Decrease from Operating Activities $111,000 $96,000 $119,000 $89,000 $91,000](http://img.homeworklib.com/questions/913c6500-70bd-11ea-be88-7705003d982e.png?x-oss-process=image/resize,w_560)
Homework Answers
Answer
| A Company | |
| Cash Flow Statement | |
| Cash Flow from Operating Activities | |
| Net Income | $100,000 |
| Depreciation Expense | $14,000 |
| Gain/Loss on Sale of Assets | $1,000 |
| Increase in Accounts Payable | $7,000 |
| Decrease in Unearned Revenue | ($2,000) |
| Decrease in Accounts Receivable | $5,000 |
| Increase in Inventory | ($6,000) |
| Net Increase/Decrease from Operating Activities | $119,000 Answer |
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The first image is the original question, the rest are the
answer choices for each box....
Net Income for A company is $100,000. The company had $14,000 in depreciation expense, a loss...
Net Income for A company is $100,000. The company had $14,000 in depreciation expense, a loss on the sale of Equipment of $1,000, an increase in accounts payable of $7,000, a decrease in accounts receivable of $5,000, an increase in inventory of $6,000, and a decrease in unearned revenue of $2,000. Fill out the Cash Flow Statement below. Note that $XX represents an addition an ($XX) represents a subtraction. A Company Cash Flow Statement Cash Flow from Operating Activities Net...
Net Income for A company is $100,000. The company had $14,000 in depreciation expense, a loss...
Net Income for A company is $100,000. The company had $14,000 in depreciation expense, a loss on the sale of Equipment of $1,000, an increase in accounts payable of $7,000, a decrease in accounts receivable of $5,000, an increase in inventory of $6,000, and a decrease in unearned revenue of $2,000. Fill out the Cash Flow Statement below. Note that $XX represents an addition an ($XX) represents a subtraction. A Company Cash Flow Statement Cash Flow from Operating Activities Net...
When creating the operating section of the cash flow statement using the indirect method are the...
When creating the operating section of the cash flow statement using the indirect method are the following adjustments added to Net Income or subtracted from Net Income? Depreciation expense (Select] Gain on sale of long-term asset [Select ] Loss on sale of long-term asset (Select] Increase in short-term liabilities (Select] Decrease in short-term assets [Select] Decrease in short-term liabilities (Select] Increase in short-term assets (Select] [Select] W added to subtracted from added to Net Income for A company is $100,000....
The first image is the original question, the second shows the answer choices for the rest...
The first image is the original question, the second shows the
answer choices for the rest of the boxes.
Question 3 1.75 pts When creating the operating section of the cash flow statement using the indirect method are the following adjustments added to Net Income or subtracted from Net Income? Depreciation expense [Select] Gain on sale of long-term asset [Select] Loss on sale of long-term asset [Select] Increase in short-term liabilities Select] Decrease in short-term assets [Select] Decrease in short-term...
The first image is the original question, the rest are the answer choices for each box....
The first image is the original question, the rest are the
answer choices for each box.
Question 5 2 pts Below is activity for A Company during the year. Sold Equipment for $65,000 Purchased new Equipment for $140,000 Issued bonds for $100,000 Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable Fill out the Investing and Financing Section of A Company's cash flow...
Answer choices given on the left side: (Indirect Method) Decrease in accounts payable Decrease in accounts...
Answer choices given on the left side: (Indirect Method)
Decrease in accounts payable
Decrease in accounts receivable
Decrease in income tax payable
Decrease in inventory
Decrease in prepaid rent
Decrease in salaries payable
Depreciation expense
Increase in accounts payable
Increase in accounts receivable
Increase in income tax payable
Increase in inventory
Increase in prepaid rent
Increase in salaries payable
Net income
Net loss
Operating expense
Portions of the financial statements for Alliance Technologies are provided below. $405,000 ALLIANCE TECHNOLOGIES Income...
Homework The independent cases are listed below that includes all items relevant to operating activities: Sales...
Homework The independent cases are listed below that includes all items relevant to operating activities: Sales revenue Cost of goods sold Depreciation expense Salaries and wages expense Net income (loss) Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase (decrease) Case A $65,000 35,000 10,000 5,000 15,000 (1,000) 2,000 0 1,500 Case B $55,000 26,000 2,000 13,000 14,000 4,000 0 2,500 (2,000) Case C $96,000 65,000 26,000 8,000 (3,000) 3,000 (3,000) (1,000) 1,000...
The independent cases are listed below that includes all items relevant to operating activities: 1.69 points...
The independent cases are listed below that includes all items relevant to operating activities: 1.69 points Case A $65,000 35,000 10,000 5,000 15,000 (1,000) 2,000 Sales revenue Cost of goods sold Depreciation expense Salaries and wages expense Net income (loss) Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase (decrease) Case B $55,000 26,000 2,000 13,000 14,000 4,000 Case C $96,000 65,000 26,000 8,000 (3,000) 3,000 Skipped (3,000) 1,500 2,500 (2,000) (1,000) 1,000...
Statement of Cash Flows (Indirect Method) Use the following information regarding the Fremont Corporation to prepare...
Statement of Cash Flows (Indirect Method) Use the following information regarding the Fremont Corporation to prepare a statement of cash flows using the indirect method: Accounts payable increase $14,000 Accounts receivable increase 7,000 Accrued liabilities decrease 5,000 Amortization expense 31,000 Cash balance, January 1 21,000 Cash balance, December 31 141,000 Cash paid as dividends 41,000 Cash paid to purchase land 81,000 Cash paid to retire bonds payable at par 70,000 Cash received from issuance of common stock 75,000 Cash received...
The first image is the original question, the rest are the answer choices for each box....
The first image is the original question, the rest are the
answer choices for each box.
Last two images are apples financial statements.
Question 4 4.5 pts Under the Chapter 12 Module you will find a document called "Apple IncBS for Homework". You will need that document to answer the following questions. What is Apple's Net Working Capital in 2018? [Select] What is Apple's Current Ratio in 2018? [Select] What is Apple's Debt Ratio in 2018? [Select] What is Apple's...
Net Income for A company is $100,000. The company had $14,000 in depreciation expense, a loss on the sale of Equipment of $1,000, an increase in accounts payable of $7,000, a decrease in accounts receivable of $5,000, an increase in inventory of $6,000, and a decrease in unearned revenue of $2,000. Fill out the Cash Flow Statement below. Note that $XX represents an addition an ($XX) represents a subtraction. A Company Cash Flow Statement Cash Flow from Operating Activities Net...
When creating the operating section of the cash flow statement using the indirect method are the following adjustments added to Net Income or subtracted from Net Income? Depreciation expense (Select] Gain on sale of long-term asset [Select ] Loss on sale of long-term asset (Select] Increase in short-term liabilities (Select] Decrease in short-term assets [Select] Decrease in short-term liabilities (Select] Increase in short-term assets (Select] [Select] W added to subtracted from added to Net Income for A company is $100,000....
The first image is the original question, the second shows the
answer choices for the rest of the boxes.
Question 3 1.75 pts When creating the operating section of the cash flow statement using the indirect method are the following adjustments added to Net Income or subtracted from Net Income? Depreciation expense [Select] Gain on sale of long-term asset [Select] Loss on sale of long-term asset [Select] Increase in short-term liabilities Select] Decrease in short-term assets [Select] Decrease in short-term...
The first image is the original question, the rest are the
answer choices for each box.
Question 5 2 pts Below is activity for A Company during the year. Sold Equipment for $65,000 Purchased new Equipment for $140,000 Issued bonds for $100,000 Paid $20,000 in dividends to common stockholders. Received $200,000 when the company had a seasoned equity offering (sold common stock). Paid back a $300,000 Note Payable Fill out the Investing and Financing Section of A Company's cash flow...
Answer choices given on the left side: (Indirect Method)
Decrease in accounts payable
Decrease in accounts receivable
Decrease in income tax payable
Decrease in inventory
Decrease in prepaid rent
Decrease in salaries payable
Depreciation expense
Increase in accounts payable
Increase in accounts receivable
Increase in income tax payable
Increase in inventory
Increase in prepaid rent
Increase in salaries payable
Net income
Net loss
Operating expense
Portions of the financial statements for Alliance Technologies are provided below. $405,000 ALLIANCE TECHNOLOGIES Income...
Homework The independent cases are listed below that includes all items relevant to operating activities: Sales revenue Cost of goods sold Depreciation expense Salaries and wages expense Net income (loss) Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase (decrease) Case A $65,000 35,000 10,000 5,000 15,000 (1,000) 2,000 0 1,500 Case B $55,000 26,000 2,000 13,000 14,000 4,000 0 2,500 (2,000) Case C $96,000 65,000 26,000 8,000 (3,000) 3,000 (3,000) (1,000) 1,000...
The independent cases are listed below that includes all items relevant to operating activities: 1.69 points Case A $65,000 35,000 10,000 5,000 15,000 (1,000) 2,000 Sales revenue Cost of goods sold Depreciation expense Salaries and wages expense Net income (loss) Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Salaries and wages payable increase (decrease) Case B $55,000 26,000 2,000 13,000 14,000 4,000 Case C $96,000 65,000 26,000 8,000 (3,000) 3,000 Skipped (3,000) 1,500 2,500 (2,000) (1,000) 1,000...
Statement of Cash Flows (Indirect Method) Use the following information regarding the Fremont Corporation to prepare a statement of cash flows using the indirect method: Accounts payable increase $14,000 Accounts receivable increase 7,000 Accrued liabilities decrease 5,000 Amortization expense 31,000 Cash balance, January 1 21,000 Cash balance, December 31 141,000 Cash paid as dividends 41,000 Cash paid to purchase land 81,000 Cash paid to retire bonds payable at par 70,000 Cash received from issuance of common stock 75,000 Cash received...
The first image is the original question, the rest are the
answer choices for each box.
Last two images are apples financial statements.
Question 4 4.5 pts Under the Chapter 12 Module you will find a document called "Apple IncBS for Homework". You will need that document to answer the following questions. What is Apple's Net Working Capital in 2018? [Select] What is Apple's Current Ratio in 2018? [Select] What is Apple's Debt Ratio in 2018? [Select] What is Apple's...
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