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what was the net cash flow from operating activities?
The following data is from the comparative...
The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory...
The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory Prepaid Insurance Investments Equipment Accum. Depreciation Totals 2004 $55,500 64,500 98,700 800 5,000 100,000 (32,000) 292,500 2003 $32,400 73,200 97,900 1,200 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained Earnings Totals 14,100 60,000 120,000 98,400 292,500 18,300 80,000 100,000 86,400 284,700 Investments Equipment Accum. Depreciation Totals 5,000 100,000 (32.000 292,500 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained...
The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory...
The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory Prepaid Insurance Investments Equipment Accum. Depreciation Totals 2004 $55,500 64,500 98,700 800 5,000 100,000 (32,000 292,500 2003 $32,400 73,200 97,900 1,200 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained Earnings Totals 14,100 60,000 120,000 98,400 292,500 18,300 80,000 100,000 86,400 284,700 Investments Equipment Accum. Depreciation Totals 5,000 100,000 (32,000) 292,500 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained...
The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory...
The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory Prepaid Insurance Investments Equipment Accum. Depreciation Totals 2004 $55,500 64,500 98,700 800 5,000 100,000 (32,000) 292,500 2003 $32,400 73,200 97,900 1,200 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained Earnings Totals 14,100 60,000 120,000 98,400 292,500 18,300 80,000 100,000 86,400 284,700 Here is come additional information: Here is some additional information: 1. The net income was $20,000 which included a gain...
91. What is the conclusion to draw from this data? 2018 NET CASH FLOW: OPERATIONS 238,796...
91. What is the conclusion to draw from this data? 2018 NET CASH FLOW: OPERATIONS 238,796 Accounts Payable 3,771 Other Assets3,090 Prepaid E$5,227) D 7,634) Other Recd2,955) Accounts Red4233) Other Excess tax benefit from stock options exercised Tax impact of stock options exercised, net Stock-based compensation 16,457 Impairment of assets 10,586 Deferred25,180 Depreciation &Amortization 92,729 157,392 Net Income (50,000) 0,000 100,000 150,000 200,000 250,000 92. What is the conclusion to draw from this data? 2018 (140,433) Investments in uncd18.000) Additions...
Prepare a cash flow statement using both the direct and the Indirect methods. Preparing a Statement...
Prepare a cash flow statement using both the direct and the
Indirect methods.
Preparing a Statement of Cash Flows (Indirect Method) Dair Company's income statement and comparative balance sheets follow. LO3, 4 DAIR COMPANY Income Statement For Year Ended December 31, 2013 Sales Cost of goods sold Wages and other operating expenses Depreciation expense. Amortisation expense. Interest expense Income tax expense Loss on bond retirement. $700,000 $440,000 95,000 22,000 7,000 10,000 36,000 5,000 615,000 $ 85,000 Net income. . DAIR...
Question 1 Incorrect Mark 0.00 out of 1.00 Remove flag Cash Flow from Operating Activities Using...
Question 1 Incorrect Mark 0.00 out of 1.00 Remove flag Cash Flow from Operating Activities Using the information for the Melville Corporation, calculate the cash flow from operating activities. Accounts payable increase $12,000 Accounts receivable increase 4,000 Accrued liabilities decrease 5,000 Amortization expense 7,000 Cash balance, January 1 22,000 Cash balance, December 31 23,000 Cash paid as dividends 31,000 Cash paid to purchase land 90,000 Cash paid to retire bonds payable at par 60,000 Cash received from issuance of common...
operating activities ✓ Net cash flow from operating activities, $225,000 PR 13-2A Statement of cash flows-indirect...
operating activities ✓ Net cash flow from operating activities, $225,000 PR 13-2A Statement of cash flows-indirect method Obj. 2, 3, 4,5 the comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2018 and 2017 is as follows: Dec. 31, 20Y8 Dec 31, 2017 Assets Cash.**** SHOW ME HOW TCL TEMPLATE $ 80,000 275,000 510,000 15,000 1,070,000 (200,000) $1,750,000 $100,000 300,000 400,000 10,000 750,000 (160,000) $1,400,000 Accounts receivable (net)..... Inventories... Prepaid expenses ...... Equipment..... Accumulated depreciation equipment.. Total assets....
FIND THE CASH FLOW STATEMENT Seatwork 2.1 CASH FLOW STATEMENT The following financial statements are from...
FIND THE CASH FLOW STATEMENT
Seatwork 2.1 CASH FLOW STATEMENT The following financial statements are from Lucena Company in ($): Cash Accounts Receivable (net) Inventories Fixed Assets (net) Dec. 31, 2018 14,000 22,000 65,000 85,000 Dec. 31, 2019 16,000 28,000 55,000 79,000 TOTAL ASSETS 186,000 178,000 Accounts Payable Bonds Payable Common Stock (par value of $10) Retained Earnings 30,000 60,000 60,000 36,000 15,000 75,000 60,000 28,000 TOTALL AND SE 186,000 178,000 INCOME STATEMENT FOR 2019 Sales Cost of Goods Sold...
Statement of Cash Flows (Direct Method) The Dairy Company's income statement and comparative balance sheets as...
Statement of Cash Flows (Direct Method) The Dairy Company's income statement and comparative balance sheets as of December 31 of 2016 and 2015 follow: DAIRY COMPANY Income Statement For the Year Ended December 31, 2016 Sales Revenue $700,000 Cost of Goods Sold $460,000 Wages and Other Operating Expenses 95,000 Depreciation Expense 22,000 Patent Amortization Expense 7,000 Interest Expense 10,000 Income Tax Expense 36,000 Loss on Bond Retirement 5,000 635,000 Net Income 65,000 DAIRY COMPANY Balance Sheets Dec. 31, 2016 Dec....
P23-6B (L02,3,4) (SCF—Indirect Method, and Net Cash Flow from Operating Activities, Direct Method) Comparative balance sheet...
P23-6B (L02,3,4) (SCF—Indirect Method, and Net Cash Flow
from Operating Activities, Direct Method) Comparative balance sheet
accounts of Easton Inc. are presented below and on the next
page.
EASTON INC. COMPARATIVE BALANCE SHEET ACCOUNTS AS OF DECEMBER 31, 2017 AND 2016 Cash Accounts receivable Inventory Investments (available-for-sale) Land Buidings Equipment Total debits December 31, 2017 $ 40,500 120,500 81,000 41,000 25,000 98,000 60.800 December 31, 2016 $ 33,600 96,000 85,600 65,000 25,000 76,000 41,000 $422,200 $466,800 Allowance for doubtful accounts...
The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory Prepaid Insurance Investments Equipment Accum. Depreciation Totals 2004 $55,500 64,500 98,700 800 5,000 100,000 (32,000) 292,500 2003 $32,400 73,200 97,900 1,200 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained Earnings Totals 14,100 60,000 120,000 98,400 292,500 18,300 80,000 100,000 86,400 284,700 Investments Equipment Accum. Depreciation Totals 5,000 100,000 (32.000 292,500 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained...
The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory Prepaid Insurance Investments Equipment Accum. Depreciation Totals 2004 $55,500 64,500 98,700 800 5,000 100,000 (32,000 292,500 2003 $32,400 73,200 97,900 1,200 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained Earnings Totals 14,100 60,000 120,000 98,400 292,500 18,300 80,000 100,000 86,400 284,700 Investments Equipment Accum. Depreciation Totals 5,000 100,000 (32,000) 292,500 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained...
The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory Prepaid Insurance Investments Equipment Accum. Depreciation Totals 2004 $55,500 64,500 98,700 800 5,000 100,000 (32,000) 292,500 2003 $32,400 73,200 97,900 1,200 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained Earnings Totals 14,100 60,000 120,000 98,400 292,500 18,300 80,000 100,000 86,400 284,700 Here is come additional information: Here is some additional information: 1. The net income was $20,000 which included a gain...
91. What is the conclusion to draw from this data? 2018 NET CASH FLOW: OPERATIONS 238,796 Accounts Payable 3,771 Other Assets3,090 Prepaid E$5,227) D 7,634) Other Recd2,955) Accounts Red4233) Other Excess tax benefit from stock options exercised Tax impact of stock options exercised, net Stock-based compensation 16,457 Impairment of assets 10,586 Deferred25,180 Depreciation &Amortization 92,729 157,392 Net Income (50,000) 0,000 100,000 150,000 200,000 250,000 92. What is the conclusion to draw from this data? 2018 (140,433) Investments in uncd18.000) Additions...
Prepare a cash flow statement using both the direct and the
Indirect methods.
Preparing a Statement of Cash Flows (Indirect Method) Dair Company's income statement and comparative balance sheets follow. LO3, 4 DAIR COMPANY Income Statement For Year Ended December 31, 2013 Sales Cost of goods sold Wages and other operating expenses Depreciation expense. Amortisation expense. Interest expense Income tax expense Loss on bond retirement. $700,000 $440,000 95,000 22,000 7,000 10,000 36,000 5,000 615,000 $ 85,000 Net income. . DAIR...
Question 1 Incorrect Mark 0.00 out of 1.00 Remove flag Cash Flow from Operating Activities Using the information for the Melville Corporation, calculate the cash flow from operating activities. Accounts payable increase $12,000 Accounts receivable increase 4,000 Accrued liabilities decrease 5,000 Amortization expense 7,000 Cash balance, January 1 22,000 Cash balance, December 31 23,000 Cash paid as dividends 31,000 Cash paid to purchase land 90,000 Cash paid to retire bonds payable at par 60,000 Cash received from issuance of common...
operating activities ✓ Net cash flow from operating activities, $225,000 PR 13-2A Statement of cash flows-indirect method Obj. 2, 3, 4,5 the comparative balance sheet of Yellow Dog Enterprises Inc. at December 31, 2018 and 2017 is as follows: Dec. 31, 20Y8 Dec 31, 2017 Assets Cash.**** SHOW ME HOW TCL TEMPLATE $ 80,000 275,000 510,000 15,000 1,070,000 (200,000) $1,750,000 $100,000 300,000 400,000 10,000 750,000 (160,000) $1,400,000 Accounts receivable (net)..... Inventories... Prepaid expenses ...... Equipment..... Accumulated depreciation equipment.. Total assets....
FIND THE CASH FLOW STATEMENT
Seatwork 2.1 CASH FLOW STATEMENT The following financial statements are from Lucena Company in ($): Cash Accounts Receivable (net) Inventories Fixed Assets (net) Dec. 31, 2018 14,000 22,000 65,000 85,000 Dec. 31, 2019 16,000 28,000 55,000 79,000 TOTAL ASSETS 186,000 178,000 Accounts Payable Bonds Payable Common Stock (par value of $10) Retained Earnings 30,000 60,000 60,000 36,000 15,000 75,000 60,000 28,000 TOTALL AND SE 186,000 178,000 INCOME STATEMENT FOR 2019 Sales Cost of Goods Sold...
Statement of Cash Flows (Direct Method) The Dairy Company's income statement and comparative balance sheets as of December 31 of 2016 and 2015 follow: DAIRY COMPANY Income Statement For the Year Ended December 31, 2016 Sales Revenue $700,000 Cost of Goods Sold $460,000 Wages and Other Operating Expenses 95,000 Depreciation Expense 22,000 Patent Amortization Expense 7,000 Interest Expense 10,000 Income Tax Expense 36,000 Loss on Bond Retirement 5,000 635,000 Net Income 65,000 DAIRY COMPANY Balance Sheets Dec. 31, 2016 Dec....
P23-6B (L02,3,4) (SCF—Indirect Method, and Net Cash Flow
from Operating Activities, Direct Method) Comparative balance sheet
accounts of Easton Inc. are presented below and on the next
page.
EASTON INC. COMPARATIVE BALANCE SHEET ACCOUNTS AS OF DECEMBER 31, 2017 AND 2016 Cash Accounts receivable Inventory Investments (available-for-sale) Land Buidings Equipment Total debits December 31, 2017 $ 40,500 120,500 81,000 41,000 25,000 98,000 60.800 December 31, 2016 $ 33,600 96,000 85,600 65,000 25,000 76,000 41,000 $422,200 $466,800 Allowance for doubtful accounts...
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