during the past year, Company A accounts receivable increased by $2000, inventory increased by $10,000, accounts...

Question

Question

during the past year, Company A accounts receivable increased by $2000, inventory increased by $10,000, accounts...

during the past year, Company A accounts receivable increased by $2000, inventory increased by $10,000, accounts payable decreased by $2000, accumulated depreciation increased by $4000. The cash effect of changes in net working capital was ____ dollars over that year.

business finance

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Solution :

The cash effect of changes in net working capital was - 14,000 dollars over that year.

Increase in accumulated Depreciation is not a current asset or a current liability, hence not included in the calculation of cash effect of changes in net working capital

Please find the attached screenshot of the excel sheet containing the detailed calculation for the solution.

26.11.2019 Microsoft Excel НOМE DATA VIEW FILE INSERT PAGE LAYOUT FORMULAS REVIEW C D Е 1 Statement showing cash effect of ch

Add a comment

Answer 2

Similar Homework Help Questions

Question 3 10 points Save Answer During the past year, Canyon Buff Corp.'s accounts receivable increased...

Question 3 10 points Save Answer During the past year, Canyon Buff Corp.'s accounts receivable increased by $1,000, inventory increased by $5,000, accounts payable decreased by $3,000, and accumulated depreciation increased by $4,000. The cash effect of changes in net working capital was - dollars over that year. Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign needed, No comma sign. Round it to the nearest integer.
Rogers Company reported net income of $41,476 for the year. During the year, accounts receivable increased...

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
Sunland Company reported net income of $69700 for the year. During the year, accounts receivable increased...

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...

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.
Tyler Company reported net income of $260,000 for the year. During the year, accounts receivable increased...

Tyler Company reported net income of $260,000 for the year. During the year, accounts receivable increased by $18,000, accounts payable decreased by $14,000 am depreciation expense of $15,000 was recorded. Net cash provided by operating activities for the year is a. $243,000. b. $213,000. C. $215,000 d. $255.000
19) for the year. During the year, accounts receivable increased by $18,000, accounts payable decreased by...

19) for the year. During the year, accounts receivable increased by $18,000, accounts payable decreased by $14,000 and depreciation expense of $15,000 was recorded. Net cash provided by operating activities for the year is $243,000. b. $213,000. $215,000, $255,000. Tyler Company reported net income of $260,000 а. с. d.

Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased...

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
ogers Company reported net income of $40,429 for the year. During the year, accounts receivable increased...

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
During the year, Kaplan Pharma increased its accounts receivable by $200, decreased its inventory by $100,...

During the year, Kaplan Pharma increased its accounts receivable by $200, decreased its inventory by $100, and decreased its accounts payable by $110. How did these three accounts affect the sources of uses of cash by the firm?

Red Barchetta Capad depreciation expense of in vends and 2000 rest over the past year During...

Red Barchetta Capad depreciation expense of in vends and 2000 rest over the past year During the year net working capital increased from 1 to $10.944 The company purchased 541430 in Bed assets and had a the year the company issued 25.125 in new equity and pado21455 in long-term debt What was the company's cash flow from west ο Ο 46625 ο Ο ΣΑΣ ο Ο ΦΩΣ ο ο SS1742 MC algo 2-41 Total Assets A company has $1343 in...

during the past year, Company A accounts receivable increased by $2000, inventory increased by $10,000, accounts...

Homework Answers

Add Answer to:
during the past year, Company A accounts receivable increased by $2000, inventory increased by $10,000, accounts...

Post as a guest

Earn Coins

Question 3 10 points Save Answer During the past year, Canyon Buff Corp.'s accounts receivable increased...

Rogers Company reported net income of $41,476 for the year. During the year, accounts receivable increased...

Sunland Company reported net income of $69700 for the year. During the year, accounts receivable increased...

Blossom Company reported net income of $386000 for the year. During the year, accounts receivable increased...

Tyler Company reported net income of $260,000 for the year. During the year, accounts receivable increased...

19) for the year. During the year, accounts receivable increased by $18,000, accounts payable decreased by...

Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased...

ogers Company reported net income of $40,429 for the year. During the year, accounts receivable increased...

During the year, Kaplan Pharma increased its accounts receivable by $200, decreased its inventory by $100,...

Red Barchetta Capad depreciation expense of in vends and 2000 rest over the past year During...

during the past year, Company A accounts receivable increased by $2000, inventory increased by $10,000, accounts...

Homework Answers

Add Answer to: during the past year, Company A accounts receivable increased by $2000, inventory increased by $10,000, accounts...

Post as a guest

Earn Coins

Add Answer to:
during the past year, Company A accounts receivable increased by $2000, inventory increased by $10,000, accounts...