Question

Windsor Beverage Company reported the following items in the most recent year. Net income $46,800 Dividends...

Windsor Beverage Company reported the following items in the most recent year. Net income $46,800 Dividends paid 6,890 Increase in accounts receivable 12,390 Increase in accounts payable 8,090 Purchase of equipment (capital expenditure) 9,020 Depreciation expense 5,090 Issue of notes payable 24,440 Compute net cash provided by operating activities, the net change in cash during the year. Compute free cash flow.

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

Windsor Beverage Company Statement of Cash flows $ 46,800.00 Cash flow from operating activitites: Net Income Increase in Acc

Add a comment
Know the answer?
Add Answer to:
Windsor Beverage Company reported the following items in the most recent year. Net income $46,800 Dividends...
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
  • Nash Beverage Company reported the following items in the most recent year. Net income $45,300 Dividends...

    Nash Beverage Company reported the following items in the most recent year. Net income $45,300 Dividends paid 6,800 Increase in accounts receivable 12,940 Increase in accounts payable 8,170 Purchase of equipment (capital expenditure) 9,770 Depreciation expense 5,170 Issue of notes payable 24,180 Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) NASH BEVERAGE COMPANY Statement of...

  • on- Ayayal Beverage Company reported the following items in the most recent year. Net income Dividends...

    on- Ayayal Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable Increase in accounts payable Purchase of equipment (capital expenditure) Depreciation expense Issue of notes payable $43,600 6,490 13,540 8,730 9,260 5,730 20,020 port Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a sign e.g. -15,000 or in parenthesis es. (15,000). AYAYAI BEVERAGE COMPANY Statement...

  • Teal Beverage Company reported the following items in the most recent year. Net income Dividends paid...

    Teal Beverage Company reported the following items in the most recent year. Net income Dividends paid Increase in accounts receivable Increase in accounts payable Purchase of equipment (capital expenditure) Depreciation expense Issue of notes payable $40,800 5,760 13,850 8,860 9,110 5,860 24,860 Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a-sign e.g. - 15,000 or in parenthesis e.g. (15,000).) TEAL BEVERAGE COMPANY Statement of Cash...

  • Whispering Beverage Company reported the following items in the most recent year. Net income Dividends pald...

    Whispering Beverage Company reported the following items in the most recent year. Net income Dividends pald Increase in accounts receivable Increase in accounts payable Purchase of equipment (capital expenditure) Depreciation expense Issue of notes payable $41,700 5,060 10,640 7,220 8,300 4,220 21,440 Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a sig -15,000 or in parenthesis e.g. (15,000).) WHISPERING BEVERAGE COMPANY Statement of Cash Flows

  • Marin Beverage Company reported the following items in the most recent year. Net income $43,000 Dividends...

    Marin Beverage Company reported the following items in the most recent year. Net income $43,000 Dividends paid 5,650 Increase in accounts receivable 10,850 Increase in accounts payable 7,220 Purchase of equipment (capital expenditure) 8,930 Depreciation expense 4,220 Issue of notes payable 24,120 Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

  • Marigold Co. reported the following items in the most recent year: Net income $49,000 Dividends paid...

    Marigold Co. reported the following items in the most recent year: Net income $49,000 Dividends paid 5,500 Increase in accounts receivable 13,000 Increase in accounts payable 7,700 Purchase of equipment 8,100 Depreciation expense 4,200 Issue of notes payable for cash 30,000 Calculate net cash provided (used) by operating activities, the net change in cash during the year, and free cash flow. Dividends paid are treated as financing activities. Marigold uses the indirect method for its Statement of Cash Flows. Net...

  • Gutierrez Company reported net income of $194,300 for 2017. Gutierrez also reported depreciation expense of $46,800...

    Gutierrez Company reported net income of $194,300 for 2017. Gutierrez also reported depreciation expense of $46,800 and a loss of $5,900 on disposal of equipment. The comparative balance sheet shows an decrease in accounts receivable of $19,800 for the year, a $21,800 increase in accounts payable, and a $3,400 decrease in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2017. Use the indirect method. (Show amounts that decrease cash flow with either a -...

  • S. A company began a year with Cash of $80. These items increased by the amounts...

    S. A company began a year with Cash of $80. These items increased by the amounts displayed during the calendar year: Accounts receivable, $35: Inventories, $85; Property and oquapenen $330: Accumulated depreciation, $100. Accounts payable, $30; Notes payable, so Complete the following Statement of Cash Flows S50; retained Net income Accounts Receivable Accounts Payable Notes payable (other current liabilities) Deferred income taxes Total adjustments Net cash flow from operating activities Proceeds from the sale of assets Capital expenditures Net cash...

  • JKL Co. reported the following information for the year 2018: (1) Net income is €210 million....

    JKL Co. reported the following information for the year 2018: (1) Net income is €210 million. (2) Acquisitions were €32 million. (3) Customer accounts receivable increased by €12 million. (4) Dividends paid to common shareholders were €8 million. (5) Depreciation expense was €41 million. (6) Income tax payable decreased by €11 million. (7) Long-term debt increased by €28 million. (8) Accounts payable decreased by €6 million. (9) Inventories increased by €17 million. Based on the above information, calculate the following...

  • 16.3 #5 The net income reported on the income statement for the current year was $346,400....

    16.3 #5 The net income reported on the income statement for the current year was $346,400. Depreciation recorded on equipment and a building amounted to $99,330 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash $90,570 $96,530 Accounts receivable (net) 111,490 119,020 Inventories 222,910 208,840 Prepaid expenses 13,500 14,540 Accounts payable (merchandise creditors) 96,260 103,590 Salaries payable 15,150 12,980...

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