Question

For the year ending December 31, 2018, Sparks Electric expects net cash provided by operations of $328,000, net cash used by

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer : B = $ 78,000.

>> Free Cash Flow = Net Cash flows from operating Activity - Capital expenditure.

>> Free Cash Flows = $ 328,000 - $ 250,000 = $ 78,000.

Add a comment
Know the answer?
Add Answer to:
For the year ending December 31, 2018, Sparks Electric expects net cash provided by operations of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Data Table Press Exercise Equipment, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue...

    Data Table Press Exercise Equipment, Inc. Income Statement Year Ended December 31, 2018 Net Sales Revenue $ 717,000 340,000 377,000 Cost of Goods Sold Gross Profit Operating Expenses: Depreciation Expense $ 46,000 180,000 Other Operating Expenses Total Operating Expenses 226,000 $ 151,000 Net Income i Data Table Press Exercise Equipment, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current Assets: Cash Accounts Receivable 18,000 $ 56,000 83,000 14,000 49,000 86,000 Merchandise Inventory Long-term Assets: Plant Assets...

  • can i get help please Selling property, plant, and equipment for $10,000 cash is considered a...

    can i get help please Selling property, plant, and equipment for $10,000 cash is considered a cash inflow from investing activities on the statement of cash flows. O O True False Delaware Coatings Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year 2019 Net cash provided by operating activities: $45,000 Net cash used for investing activities: ($29,000) Net cash provided by financing activities: $2.000 What is the net change...

  • Spreadsheet for Statement of Cash Flows Year Ended December 31, 2018 Transaction Analysis Balance Balance 12/31/2017 Pa...

    Spreadsheet for Statement of Cash Flows Year Ended December 31, 2018 Transaction Analysis Balance Balance 12/31/2017 Panel A Balance Sheet: DEBIT CREDIT 12/31/2018 Cash Accounts Receivable 15,300 4,330 14,600 (500) 33,730 19,800 5,330 16,300 (700) Plant Assets 1,700 Accumulated Depreciation 40,730 Total Assets Accounts Payable 6,700 5,400 Common Stock, no par 5,300 28,130 22,830 4,200 33,730 5,500 Retained Earnings 7,200 40,730 Total Liabilities and Stockholders' Equity Panel B_Statement of Cash Flows: 200 Cash Flows from Operating Activities: Net Income Adjustments...

  • Supplements Plus, Inc. Income Statement Year Ended September 30, 2018 Net Sales Revenue $ 230,000 Cost...

    Supplements Plus, Inc. Income Statement Year Ended September 30, 2018 Net Sales Revenue $ 230,000 Cost of Goods Sold 93,000 Gross Profit 137,000 Operating Expenses: Salaries Expense $ 57,000 Depreciation Expense Plant Assets 28,000 Total Operating Expenses 85,000 Net Income Before Income Taxes 52,000 Income Tax Expense 8,000 $ Net Income 44,000 c. a. Acquisition of plant assets is $118,000. Of this amount, $105,000 is paid in cash and $13,000 by signing a note payable. b. Cash receipt from sale...

  • For the Year Ended December 31, 2020 Cash Flows from Operating Activities Adjustments to reconcile net...

    For the Year Ended December 31, 2020 Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities: Net cash flow from operating activities Cash Flows from Investing Activities Net cash flow from investing activities Cash Flows from Financing Activities Net cash flow from financing activities Cash at the beginning of the period Cash at the end of the period The income statement, balance sheets, and additional information for Great Adventures, Inc., are provided...

  • (In millions) Year Ended December 31, 2018 2017 Cash flows from operating activities Net income $            ...

    (In millions) Year Ended December 31, 2018 2017 Cash flows from operating activities Net income $             22,112 $                                     15,934 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 4,315 3,025 Share-based compensation 4,152 3,723 Deferred income taxes 286 (377) Other (64) 24 Changes in assets and liabilities: Accounts receivable (1,892) (1,609) Prepaid expenses and other current assets (690) (192) Other assets (159) 154 Accounts payable 221 43 Partners payable 157 95 Accrued expenses and...

  • . Flow Company has provided the following information for the year ended December 31, 2019: Cash...

    . Flow Company has provided the following information for the year ended December 31, 2019: Cash paid for interest, $24,000 Cash paid for dividends, $6,800 Cash dividends received, $4,800 Cash proceeds from bank loan $37,000 Cash purchase of treasury stock, $15,000 Cash paid for equipment purchase, $31.000 Cash received from issuance of common stock, $41,000 Cash received from sale of land with a $36,000 book value, $28,200 Acquisition of land costing $55,000 in exchange for preferred stock issuance. Payment of...

  • For the Year Ended December 31, 2017 Cash flows from operating activities $86,081 Net income Adjustments...

    For the Year Ended December 31, 2017 Cash flows from operating activities $86,081 Net income Adjustments to reconcile net income to net cash provided by operating activities: $13,277 Depreciation expense Decrease in accounts receivable Increase in inventory Decrease in accounts payable Loss on disposal of plant assets 13,861 (7,295) (3,210) 4,815 21,448 107,529 Net cash provided by operating activities Cash flows from investing activities Sale of investments 4,523 Purchase of equipment (35,308) Net cash used by investing activities (30,785) Cash...

  • Use the Consoldated Statement or Cash Flows to answer the tollowing questions: 1a) Which year showed the highest net cash provided from operations? 1b) Was it also the year of the highest net income?...

    Use the Consoldated Statement or Cash Flows to answer the tollowing questions: 1a) Which year showed the highest net cash provided from operations? 1b) Was it also the year of the highest net income? 1c) What were the three largest positive adjustments to net income and why were they made? 2a) What year were the most investments made? 2b) What year were assets disposed ot? 3a) What year had the largest use of cash for financing? 3b) What were the...

  • Help A statement of cash flows explains the differences between the beginning and ending balances of 0 Net Inc...

    Help A statement of cash flows explains the differences between the beginning and ending balances of 0 Net Income 0 0 Cash Cash equivalents, and short term mements 0 Cash and cash equivalents 0 Working on The statement of cash flows is Multiple Choice Ο Another name for the statement of financial position Ο A financial statement that is the types and amounts of assets, labies and equity of a business on a specific date Ο O A financial statement...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT