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A company's income statement showed the following: net income, $118,000; depreciation expense. $32,000; and gain on...
A company's income statement showed the following: net income, $132,000; depreciation expense, $39,000; and gain on...
A company's income statement showed the following: net income, $132,000; depreciation expense, $39,000; and gain on sale of plant assets, $13,000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,200; merchandise inventory increased $27,000; prepaid expenses increased $8000; accounts payable increased $5200. Calculate the net cash provided or used by operating activities.
Help Save & Ex A company's income statement showed the following net income, $133,000 depreciation expense,...
Help Save & Ex A company's income statement showed the following net income, $133,000 depreciation expense, $39,500 and gain on sale of plant assets, $13,500. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,300; merchandise inventory increased $27.500, prepaid expenses increased $8,100; accounts payable increased $5300 Calculate the net cash provided or used by operating activities Multiple Choice $154 200 $140 000 $161,000 $156,200 $182 200. < Prev 32 of 36...
A company's income statement showed the following: net income, $148,000 and depreciation expense, $37,200. An examination...
A company's income statement showed the following: net income, $148,000 and depreciation expense, $37,200. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $11,800; merchandise inventory increased $22,800; and accounts payable increased $5,800. Calculate the net cash provided or used by operating activities. Multiple Choice O $142,000 O $190,400 O $144.800 O $180,000 O $214,000
Test 1 27 A company's income statement showed the following: net income, $133,000 and depreciation expense,...
Test 1 27 A company's income statement showed the following: net income, $133,000 and depreciation expense, $32,700. An examination of the company's current assets and current abilities showed the following changes, accounts receivable decreased $10.300; merchandise inventory increased $19,800, and accounts payable increased $4,300. Calculate the net cash provided or used by operating activities 22:04 Multiple Choice $170,900 $127.000 O $160,500 $191,500 $131,300
Queen Anne's Revenge's income statement showed the following: net income, $34,300 and depreciation expense, $36,300. An...
Queen Anne's Revenge's income statement showed the following: net income, $34,300 and depreciation expense, $36,300. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $2,500; merchandise inventory increased $1,000; and accounts payable increased $2,200. Calculate the net cash provided or used by operating activities. $36,300. $34,300. $31,300. $43,700. $41,300.
Siddlewaremheprod twity question p/XEZAS Pues. A company's income statement showed the following net income $136.000 and...
Siddlewaremheprod twity question p/XEZAS Pues. A company's income statement showed the following net income $136.000 and depreciation expense, 533600. An examination of the company's current assets and currene tabinies showed me tollowig changes accounts receivable decreased $10.600 merchandise inventory increased $20.400 and accounts payable increased $4.500. Calculate the net cash provided or used by operating activities Swed Help Sovet Multiple Choice $130,000 $174.800 $134,000 $164.400 O $196,000 O Next > 9 of 10 < Prev SAMSUNG SH O earch
please help with these 2 multiple choice ?’s :( A company's income statement showed the following:...
please help with these 2 multiple choice ?’s :(
A company's income statement showed the following: net Income, $124,000 and depreciation expense, $30,000. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $9,400; merchandise inventory increased $18,000; and accounts payable increased $3,400. Calculate the net cash provided or used by operating activities 11 33 oints Multiple Choice 015014 $123,200 eBook $159,200 $148,800 $118,000 $178,000 A corporation...
Assume that Galena Company's income statement showed depreciation expense of $10,000, a on sale of investments...
Assume that Galena Company's income statement showed depreciation expense of $10,000, a on sale of investments of $7,000, and a net income of $51,000. (a) Calculate the cash flow from operating activities using the indirect method and (b) compute Galena's operating-cash-flovw capital-expenditures ratio. gain ow-to- B Cash Flow from Operating Activities (Indirect Method) Cairo Company had a $24,000 net loss from operations. Depreciation expense for the year was $9,600, and a dividend of $5,000 was de. clared and paid. The...
The income statement disclosed the following items for the year Depreciation expense Gain on dispasal of...
The income statement disclosed the following items for the year Depreciation expense Gain on dispasal of equipment27,500 Net income $ 65,000 or the exact wording of the ans 620,000 The changes in the current asset and iabaity accounts for the year are as follows: Increase (Decrease) Accounts receivable Inventory Prepaid insurance Accounts payable Income taxes payable Dividends payable $11 200 (6,350) (1200) (4 200) 1,650 2,500 Required A Prepare the Cash Flows from Operating Activities section of the stetement of...
The income statement disclosed the following items for the year: depreciation expense $55500 gain on disposal...
The income statement disclosed the following items for the
year:
depreciation expense $55500
gain on disposal of equipment 32390
net income 423000
Ch. 16 Interactive HW+video eBook Show Me How Calculator Print Net Income 423,000 The changes in the current asset and ability accounts for the year are as follows: Increase (Decrease) Accounts receivable 58,650 Inventory (4,920) Prepaid insurance (1,850) Accounts payable (5.860) Income taxes payable 1.850 Dividends payable 1,300 a. Prepare the Cash Flows from Operating Activities section of...
Help Save & Ex A company's income statement showed the following net income, $133,000 depreciation expense, $39,500 and gain on sale of plant assets, $13,500. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,300; merchandise inventory increased $27.500, prepaid expenses increased $8,100; accounts payable increased $5300 Calculate the net cash provided or used by operating activities Multiple Choice $154 200 $140 000 $161,000 $156,200 $182 200. < Prev 32 of 36...
A company's income statement showed the following: net income, $148,000 and depreciation expense, $37,200. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $11,800; merchandise inventory increased $22,800; and accounts payable increased $5,800. Calculate the net cash provided or used by operating activities. Multiple Choice O $142,000 O $190,400 O $144.800 O $180,000 O $214,000
Test 1 27 A company's income statement showed the following: net income, $133,000 and depreciation expense, $32,700. An examination of the company's current assets and current abilities showed the following changes, accounts receivable decreased $10.300; merchandise inventory increased $19,800, and accounts payable increased $4,300. Calculate the net cash provided or used by operating activities 22:04 Multiple Choice $170,900 $127.000 O $160,500 $191,500 $131,300
Siddlewaremheprod twity question p/XEZAS Pues. A company's income statement showed the following net income $136.000 and depreciation expense, 533600. An examination of the company's current assets and currene tabinies showed me tollowig changes accounts receivable decreased $10.600 merchandise inventory increased $20.400 and accounts payable increased $4.500. Calculate the net cash provided or used by operating activities Swed Help Sovet Multiple Choice $130,000 $174.800 $134,000 $164.400 O $196,000 O Next > 9 of 10 < Prev SAMSUNG SH O earch
please help with these 2 multiple choice ?’s :(
A company's income statement showed the following: net Income, $124,000 and depreciation expense, $30,000. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $9,400; merchandise inventory increased $18,000; and accounts payable increased $3,400. Calculate the net cash provided or used by operating activities 11 33 oints Multiple Choice 015014 $123,200 eBook $159,200 $148,800 $118,000 $178,000 A corporation...
Assume that Galena Company's income statement showed depreciation expense of $10,000, a on sale of investments of $7,000, and a net income of $51,000. (a) Calculate the cash flow from operating activities using the indirect method and (b) compute Galena's operating-cash-flovw capital-expenditures ratio. gain ow-to- B Cash Flow from Operating Activities (Indirect Method) Cairo Company had a $24,000 net loss from operations. Depreciation expense for the year was $9,600, and a dividend of $5,000 was de. clared and paid. The...
The income statement disclosed the following items for the year Depreciation expense Gain on dispasal of equipment27,500 Net income $ 65,000 or the exact wording of the ans 620,000 The changes in the current asset and iabaity accounts for the year are as follows: Increase (Decrease) Accounts receivable Inventory Prepaid insurance Accounts payable Income taxes payable Dividends payable $11 200 (6,350) (1200) (4 200) 1,650 2,500 Required A Prepare the Cash Flows from Operating Activities section of the stetement of...
The income statement disclosed the following items for the
year:
depreciation expense $55500
gain on disposal of equipment 32390
net income 423000
Ch. 16 Interactive HW+video eBook Show Me How Calculator Print Net Income 423,000 The changes in the current asset and ability accounts for the year are as follows: Increase (Decrease) Accounts receivable 58,650 Inventory (4,920) Prepaid insurance (1,850) Accounts payable (5.860) Income taxes payable 1.850 Dividends payable 1,300 a. Prepare the Cash Flows from Operating Activities section of...
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