Homework Answers
1) I and IV
Explanation:
Factoring accounts receivable will increase cash flow from operations, while deferring payment of taxes will retain cash in the business.
Paying suppliers more quickly will reduce cash in the business, so it is incorrect.
Selling of excess marketable securities is not an operating activity, so it is incorrect.
2) $378000
Explanation:
Cash Collection = Beginning balance in accounts receivable + Credit Sales (Total sales - Cash sales) - Ending balance in accounts receivable
= 76000 + 344000 - 42000
= 378000
3) $2400
Explanation:
Cash flow from Operations = Cash collection from sales - Cash expenses
= (6000 - 800) - 2800
= 5200 - 2800
= 2400
*Depreciation is not considered since it is a non-cash expense.
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Question 2 The management of a company wishes to window-dress its cash flow from operations. Which...
Allison Co. uses the direct method to determine its cash flow from operations. During the year,...
Allison Co. uses the direct method to determine its cash flow from operations. During the year, it had sales revenue of $300,000. Its beginning Accounts Receivable balance was S30,000, and its ending Accounts Receivable balance was S40,000. Its cash collected from customers for the year was: S300,000 $290,000. $310,000. S370,000.
pls help it would be greatly appreciated Question 2 Predict the product from the following sequence:...
pls help it would be greatly appreciated
Question 2 Predict the product from the following sequence: H OH H307 NaBH CH,OH ? heat (-H20) OH O OH (z and E) H ОН OH - II ШІ (Z and E) OH Н H IV V OH ООООО AV B.11 C. D. III E. IV Moving to another question will save this response. e w
Question 3 Examine the following cash from operations section of Comox Ltd. and determine whether the...
Question 3 Examine the following cash from operations section of Comox Ltd. and determine whether the asset and liability accounts shown increased or decreased during the year. $1,980 Comox Ltd. Cash from Operations For the year ended December 31, 2018 (000) Net income Depreciation Loss on sale of equipment Changes in working capital accounts Accounts receivable Inventories Accounts payable and accrued liabilities Wages payable Other current assets Cash from operations (18) $2 299 Question 4 In its April 30, 2018...
It will not be reported since it is not a cash flow. Question 20 2 pts...
It will not be reported since it is not a cash flow. Question 20 2 pts The May 1 and May 31 balances in accounts receivable are $35,000 and $36,000, respectively. During May, the company reported sales totaling $235.000 from its customers. The company incurred $211,000 of expenses, although $12,000 was not paid as of May 31. How much is cash flows from operations for May? $24.000 $37.000 $11,000 $35.000 Question 21 5 pts of contacto
1.What is the Cash Flows from Operations? 2.What is the Cash Flows from Finance? 3.What is...
1.What is the Cash Flows from Operations?
2.What is the Cash Flows from Finance?
3.What is the Cash Flows from Investing?
4.What is the firms change in cash from prior year to current
year?
Item Prior year Current year Accounts payable 8,178.00 7,930.00 Accounts receivable 6,091.00 6,603.00 Accruals 950.00 11,393.00 Cash ??? Common Stock 11,349.00 12,735.00 COGS 12,673.00 18,353.00 Current portion long-term debt 4,938.00 4.988.00 Depreciation expense 2,500 1111.!!!!!!!!!! 2,754.00 Interest expense 7133 Inventories 4,199.00 4,814.00 Long-term debt 13.751.00 14,577.00...
What is the firm's cash flow from operations? Prior year Current year Item Accounts payable 7,840.00...
What is the firm's cash flow from operations?
Prior year Current year Item Accounts payable 7,840.00 8,18.00 Accounts receivable 6,015.00 6,718.00 1,042.00 Accruals 1,592.00 ??? ??? Cash Common Stock 10,682.00 11,749.00 COGS 18,221.00 12,698.00 Current portion long-term debt 4,999.00 4,926.00 Depreciation expense 2,500 2,795.00 Interest expense 733 417 Inventories 4,796.00 4,106.00 Long-term debt 14,727.00 14,371.00 Net fixed assets 54,111.00 50,739.00 Notes payable 9,919.00 4,307.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,826.00 29,842.00 Sales 35,119 46,666.00 2,084 Taxes 2,775
Take a look at this companies cash flow statement. Analyze and describe the health of the company. 2020 2021 2022 Net Cash Flow from Operations Net Profit $99,648 $1,025,766...
Take a look at this companies cash flow statement. Analyze and describe the health of the company. 2020 2021 2022 Net Cash Flow from Operations Net Profit $99,648 $1,025,766 $2,028,534 Depreciation & Amortization $96,000 $96,000 Change in Accounts Receivable ($54,538) ($29,542) ($54,536) Change in Inventory Change in Accounts Payable $8,815 ($84) ($83) Change in Income Tax Payable $24,912 $39,199 $62,671 Change in Sales Tax Payable $11,537 $7,866 $12,585 Change in Prepaid Revenue Net Cash Flow from Operations $90,375 $1,139,206 $2,145,171...
Question 46 Which of the following accounts is a liability? Accounts Receivable Service Revenue Accounts Payable...
Question 46 Which of the following accounts is a liability? Accounts Receivable Service Revenue Accounts Payable Wages Expense Question 44 Transactions affecting stockholders' equity include capital contributions and payment of liabilities stockholder dividends, earning of revenues, incurrence of expenses, and purchase of supplies on account capital contributions, stockholder dividends, earning of revenues, and incurrence of expenses capital contributions, earning of revenues, incurrence of expenses, and collection of accounts receivable Question 43 Expenses are recorded when cash is paid for services...
Free Cash flow question What is the amount of free cash flow for this company for...
Free Cash flow question
What is the amount of free cash flow for this company for the
year? Please show formula/equation so i know how to solve for.
Thank you!
Cash Flow Statement Amount Calculations - Chapter 14 End of year Beginning of year Current year Income statement Balance sheet Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment, at cost Less: Accum. depreciation Net equipment Total assets 86,000 112,000 141,000 18,000 357,000 298,000 (100,000) 198,000 555,000 54,000 126,000...
QUESTION 3 KI's cash flow to creditors in 2015 is Oa $6,700 Ob.$16,600 OC $1,400 Od...
QUESTION 3 KI's cash flow to creditors in 2015 is Oa $6,700 Ob.$16,600 OC $1,400 Od $23,800 QUESTION 4 KI's return on assets is O 15.30% Ob.17.32% OC 10.53% Od. 12.79% QUESTION 5 KI's internal growth rate is Oa2.07% Ob.6.78% OC1.88% Od.5.19% Click Save and Submit to save and submit. Click Save All Answers to save all answers. Use the following financial statements to answer Questions 1-17. Kramerica Industries (KI) 2015 Income Statement $422,045 291,090 37,053 $83,902 16,400 $77,502 27,126...
Allison Co. uses the direct method to determine its cash flow from operations. During the year, it had sales revenue of $300,000. Its beginning Accounts Receivable balance was S30,000, and its ending Accounts Receivable balance was S40,000. Its cash collected from customers for the year was: S300,000 $290,000. $310,000. S370,000.
pls help it would be greatly appreciated
Question 2 Predict the product from the following sequence: H OH H307 NaBH CH,OH ? heat (-H20) OH O OH (z and E) H ОН OH - II ШІ (Z and E) OH Н H IV V OH ООООО AV B.11 C. D. III E. IV Moving to another question will save this response. e w
Question 3 Examine the following cash from operations section of Comox Ltd. and determine whether the asset and liability accounts shown increased or decreased during the year. $1,980 Comox Ltd. Cash from Operations For the year ended December 31, 2018 (000) Net income Depreciation Loss on sale of equipment Changes in working capital accounts Accounts receivable Inventories Accounts payable and accrued liabilities Wages payable Other current assets Cash from operations (18) $2 299 Question 4 In its April 30, 2018...
It will not be reported since it is not a cash flow. Question 20 2 pts The May 1 and May 31 balances in accounts receivable are $35,000 and $36,000, respectively. During May, the company reported sales totaling $235.000 from its customers. The company incurred $211,000 of expenses, although $12,000 was not paid as of May 31. How much is cash flows from operations for May? $24.000 $37.000 $11,000 $35.000 Question 21 5 pts of contacto
1.What is the Cash Flows from Operations?
2.What is the Cash Flows from Finance?
3.What is the Cash Flows from Investing?
4.What is the firms change in cash from prior year to current
year?
Item Prior year Current year Accounts payable 8,178.00 7,930.00 Accounts receivable 6,091.00 6,603.00 Accruals 950.00 11,393.00 Cash ??? Common Stock 11,349.00 12,735.00 COGS 12,673.00 18,353.00 Current portion long-term debt 4,938.00 4.988.00 Depreciation expense 2,500 1111.!!!!!!!!!! 2,754.00 Interest expense 7133 Inventories 4,199.00 4,814.00 Long-term debt 13.751.00 14,577.00...
What is the firm's cash flow from operations?
Prior year Current year Item Accounts payable 7,840.00 8,18.00 Accounts receivable 6,015.00 6,718.00 1,042.00 Accruals 1,592.00 ??? ??? Cash Common Stock 10,682.00 11,749.00 COGS 18,221.00 12,698.00 Current portion long-term debt 4,999.00 4,926.00 Depreciation expense 2,500 2,795.00 Interest expense 733 417 Inventories 4,796.00 4,106.00 Long-term debt 14,727.00 14,371.00 Net fixed assets 54,111.00 50,739.00 Notes payable 9,919.00 4,307.00 Operating expenses (excl. depr.) 13,977 18,172 Retained earnings 28,826.00 29,842.00 Sales 35,119 46,666.00 2,084 Taxes 2,775
Question 46 Which of the following accounts is a liability? Accounts Receivable Service Revenue Accounts Payable Wages Expense Question 44 Transactions affecting stockholders' equity include capital contributions and payment of liabilities stockholder dividends, earning of revenues, incurrence of expenses, and purchase of supplies on account capital contributions, stockholder dividends, earning of revenues, and incurrence of expenses capital contributions, earning of revenues, incurrence of expenses, and collection of accounts receivable Question 43 Expenses are recorded when cash is paid for services...
Free Cash flow question
What is the amount of free cash flow for this company for the
year? Please show formula/equation so i know how to solve for.
Thank you!
Cash Flow Statement Amount Calculations - Chapter 14 End of year Beginning of year Current year Income statement Balance sheet Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment, at cost Less: Accum. depreciation Net equipment Total assets 86,000 112,000 141,000 18,000 357,000 298,000 (100,000) 198,000 555,000 54,000 126,000...
QUESTION 3 KI's cash flow to creditors in 2015 is Oa $6,700 Ob.$16,600 OC $1,400 Od $23,800 QUESTION 4 KI's return on assets is O 15.30% Ob.17.32% OC 10.53% Od. 12.79% QUESTION 5 KI's internal growth rate is Oa2.07% Ob.6.78% OC1.88% Od.5.19% Click Save and Submit to save and submit. Click Save All Answers to save all answers. Use the following financial statements to answer Questions 1-17. Kramerica Industries (KI) 2015 Income Statement $422,045 291,090 37,053 $83,902 16,400 $77,502 27,126...
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