Homework Answers
Statement of cash flow (partial)
For the year ended December 31,2020
| Cash flow from operating activities | ||
| Cash received from customer (210000-11000) | 199000 | |
| cash paid to supplier (119000+12000-12000) | -119000 | |
| Cash paid for expense (47000-22000) | -25000 | |
| -144000 | ||
| Net cash flow from operating activities | 55000 | |
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Skysong Corporation had the following 2020 income statement. Sales revenue Cost of goods sold Gross profit...
CALCULATOR FULLS Exercise 23-05 Skysong Company's income statement for the year ended December 31, 2020, contained...
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please give the correct answer and explian it Brief Exercise 23-4 Waterway Corporation had the following...
please give the correct answer and explian it
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explain the answer CALCULATOR FULL SOREN PRINTER VERSION Brief Exercise 23-5 Sarasota Corporation had the following...
explain the answer
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Wiley Company's income statement for Year 2 follows: Sales Cost of goods sold Gross margin Selling...
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1) On the income statement, sales revenue minus cost of goods sold equals? A) Net Income...
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CALCULATOR FULLS Exercise 23-05 Skysong Company's income statement for the year ended December 31, 2020, contained the following condensed information $837,000 Service revenue Operating expenses (excluding depreciation) Depreciation expense Loss on sale of equipment Income before income taxes Income tax expense Net income $621,000 60,000 25,000 706,000 131,000 40,000 $91,000 Skysong's balance sheet contained the following comparative data at December 31. Accounts receivable Accounts payable Income taxes payable 2020 $36,000 42.000 4.000 2019 $55,000 31,000 8.200 (Accounts payable pertains to...
please give the correct answer and explian it
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explain the answer
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