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points Software Distributors reports net income of $58,000. Included in that number is depreciation expense of...
1.76 points Software Distributors reports net income of 500.000. Included in net income is a gain...
1.76 points Software Distributors reports net income of 500.000. Included in net income is a gain on the sale of land of $5,000. A comparison of this year's and last year's balance shoots reveals an increase in accounts receivable of $30,000, an increase in inventory of $17.500, and a decrease in accounts payable of $50,000 Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (List cash outflows and amounts) SOFTWARE DISTRIBUTORS Statement of...
1.2. 3. Hardware Suppliers reports net income of $157,000. Included in net income is a gain on the sale of land of $16,...
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Hardware Suppliers reports net income of $157,000. Included in net income is a gain on the sale of land of $16,000. A comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $27,000, an increase in inventory of $16,000, and a decrease in accounts payable of $47,000. Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (List cash outflows and any decrease in cash as...
Hardware Suppliers reports not income of $149.000. Included in net income is again on the sale...
Hardware Suppliers reports not income of $149.000. Included in net income is again on the sale of land of $12,000. A comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $19,000, an increase in inventory of $12,000, and a decrease in accounts payable of $39.000 Required: Prepare the operating activits section of the statement of cash flows using the indirect method (List cash outflows and any decrease in cash as negative amounts) HARDWARE...
Check my wor Hardware Suppliers reports net income of $157,000. Included in net income is a...
Check my wor Hardware Suppliers reports net income of $157,000. Included in net income is a gain on the sale of land of $16,000. A comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $27,000, an increase in inventory of $1,000, and a decrease in accounts payable of $47,000. Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (List cash outflows and any decrease in cash...
Exercise 11-8A Calculate operating activities-indirect method (LO11-3) Hardware Suppliers reports net income of $155,000. Included in...
Exercise 11-8A Calculate operating activities-indirect method (LO11-3) Hardware Suppliers reports net income of $155,000. Included in net income is a gain on the sale of land of $15,000. A comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $25,000, an increase in inventory of $15,000 and a decrease in accounts payable of $45,000 Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (List cash outflows and...
Question 1 Laser World reports net income of $460,000. Depreciation expense is $31,000, accounts receivable increases...
Question 1
Laser World reports net income of $460,000. Depreciation expense is $31,000, accounts receivable increases $11,000, and accounts payable decreases $11,000. Calculate net cash flows from operating activities using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) LASER WORLD Statement of Net Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to net cash flows from operating activities: ces Net cash flows from operating activities
thank you Laser World reports net income of $560,000. Depreciation expense is $41,000, accounts receivable increases...
thank you
Laser World reports net income of $560,000. Depreciation expense is $41,000, accounts receivable increases $11,000, and accounts payable decreases $21,000. Calculate net cash flows from operating activities using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) LASER WORLD Statement of Cash Flows (Partial) Cash flows from operating activities 1 $ 560,000 Adjustments to reconcile net income to net cash flows from operating activities: Depreciation expense Increase in accounts receivable Decrease in accounts...
Kennedy, Inc. reported the following data: $159,518 16,439 Net Income Depreciation expense Loss on disposal of...
Kennedy, Inc. reported the following data: $159,518 16,439 Net Income Depreciation expense Loss on disposal of equipment Gain on sale of building Increase in accounts receivable Decrease in accounts payable (9,454) 20,113 9,064 (2,402) Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments. Kennedy, Inc. Statement of Cash Flow Cash flows from operating...
Kennedy, Inc. reported the following data: L Net income Depreciation expense Loss on disposal of equipment...
Kennedy, Inc. reported the following data: L Net income Depreciation expense Loss on disposal of equipment Gain on sale of building ding Increase in accounts receivable Decrease in accounts payable $129,466 14,059 9,534 19,192 9,185 3,466 Prepare the Cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments. Kennedy, Inc. Statement of Cash Flow Cash flows...
Staley Inc. reported the following data: Net income $321,800 Depreciation expense 50,400 L...
Staley Inc. reported the following data: Net income $321,800 Depreciation expense 50,400 Loss on disposal of equipment 21,400 Increase in accounts receivable 14,800 Increase in accounts payable 12,600 Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: $ Adjustments to reconcile net...
1.76 points Software Distributors reports net income of 500.000. Included in net income is a gain on the sale of land of $5,000. A comparison of this year's and last year's balance shoots reveals an increase in accounts receivable of $30,000, an increase in inventory of $17.500, and a decrease in accounts payable of $50,000 Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (List cash outflows and amounts) SOFTWARE DISTRIBUTORS Statement of...
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Hardware Suppliers reports net income of $157,000. Included in net income is a gain on the sale of land of $16,000. A comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $27,000, an increase in inventory of $16,000, and a decrease in accounts payable of $47,000. Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (List cash outflows and any decrease in cash as...
Hardware Suppliers reports not income of $149.000. Included in net income is again on the sale of land of $12,000. A comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $19,000, an increase in inventory of $12,000, and a decrease in accounts payable of $39.000 Required: Prepare the operating activits section of the statement of cash flows using the indirect method (List cash outflows and any decrease in cash as negative amounts) HARDWARE...
Check my wor Hardware Suppliers reports net income of $157,000. Included in net income is a gain on the sale of land of $16,000. A comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $27,000, an increase in inventory of $1,000, and a decrease in accounts payable of $47,000. Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (List cash outflows and any decrease in cash...
Exercise 11-8A Calculate operating activities-indirect method (LO11-3) Hardware Suppliers reports net income of $155,000. Included in net income is a gain on the sale of land of $15,000. A comparison of this year's and last year's balance sheets reveals an increase in accounts receivable of $25,000, an increase in inventory of $15,000 and a decrease in accounts payable of $45,000 Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (List cash outflows and...
Question 1
Laser World reports net income of $460,000. Depreciation expense is $31,000, accounts receivable increases $11,000, and accounts payable decreases $11,000. Calculate net cash flows from operating activities using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) LASER WORLD Statement of Net Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to net cash flows from operating activities: ces Net cash flows from operating activities
thank you
Laser World reports net income of $560,000. Depreciation expense is $41,000, accounts receivable increases $11,000, and accounts payable decreases $21,000. Calculate net cash flows from operating activities using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) LASER WORLD Statement of Cash Flows (Partial) Cash flows from operating activities 1 $ 560,000 Adjustments to reconcile net income to net cash flows from operating activities: Depreciation expense Increase in accounts receivable Decrease in accounts...
Kennedy, Inc. reported the following data: $159,518 16,439 Net Income Depreciation expense Loss on disposal of equipment Gain on sale of building Increase in accounts receivable Decrease in accounts payable (9,454) 20,113 9,064 (2,402) Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments. Kennedy, Inc. Statement of Cash Flow Cash flows from operating...
Kennedy, Inc. reported the following data: L Net income Depreciation expense Loss on disposal of equipment Gain on sale of building ding Increase in accounts receivable Decrease in accounts payable $129,466 14,059 9,534 19,192 9,185 3,466 Prepare the Cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments. Kennedy, Inc. Statement of Cash Flow Cash flows...
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