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Test 1 27 A company's income statement showed the following: net income, $133,000 and depreciation expense,...
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, $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.
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
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, $118,000; depreciation expense. $32,000; and gain on sale of plant assets. $6.000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $9,800; merchandise inventory increased $20,000; prepaid expenses increased $6,600; accounts payable increased $3.800. Calculate the net cash provided or used by operating activities. Multiple Choice $142,200. O $144,200. $149,000. O $170,200. O $131,000
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...
For the year ended Dec 31, 2018, Omni Company reported net income of $88,650; depreciation expense...
For the year ended Dec 31, 2018, Omni Company reported net income of $88,650; depreciation expense increased of $13,200, and recognized $9,600 loss on disposal of equipment. (Filling amount is 2points each; filing account is 1 point each) In addition, current operating assets and liabilities from the company’s comparative balance sheet were as follows: ______________________________Dec 31, 2018 Dec 31, 2017 Accounts Receivable $6,700 $4,900 Inventory $12,300 $4,500 Accounts Payable $7,700 $5,200 Based upon above information, please generate cash flows from...
The net income reported on the income statement for the current year was $242000. Depreciation was...
The net income reported on the income statement for the current year was $242000. Depreciation was $39600. Account receivable and inventories decreased by $12300 and $34900, respectively. Prepaid expenses and accounts payable increased, respectively, by $1200 and $8300. How much cash was provided by operating activities? $307000 $319300 $292700 $335900
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
A company's income statement showed the following: net income, $118,000; depreciation expense. $32,000; and gain on sale of plant assets. $6.000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $9,800; merchandise inventory increased $20,000; prepaid expenses increased $6,600; accounts payable increased $3.800. Calculate the net cash provided or used by operating activities. Multiple Choice $142,200. O $144,200. $149,000. O $170,200. O $131,000
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...
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