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Stels 12 & 13 1 Savod Help Save & Exit Su A company had net income...
QUESTION 1 A company had net income of $252.000. Depreciation expense was $26,000. During the year,...
QUESTION 1 A company had net income of $252.000. Depreciation expense was $26,000. During the year, accounts receivable and inventory increased by $15.000 and $40.000, respectively. Prepaid expenses and accounts payable decreased by $2.000 and $4,000, respectively. There was also a loss on the sale of equipment of $3,000. How much was the net cash flow from operating activities on the statement of cash flows using the indirect method? a. $284.000 b. $305,000 c. $217,000 d. $224.000 QUESTION 2 The...
A company had net income of $270,570. Depreciation expense is $28,043. During the year, Accounts Receivable...
A company had net income of $270,570. Depreciation expense is $28,043. During the year, Accounts Receivable and Inventory increased by $14,911 and $25,253, respectively. Prepaid Expenses and Accounts Payable decreased by $2,897 and $7,801, respectively. There was also a loss on the sale of equipment of $7,725. How much cash was provided by operating activities?
Help Save & Ex Saved Cain Inc. reports net income of $15,600. Its comparative balance sheet...
Help Save & Ex Saved Cain Inc. reports net income of $15,600. Its comparative balance sheet shows the following changes: accounts receivable increased $6,600; inventory decreased $8,600: prepaid insurance decreased $1,600; accounts payable increased $3,600 and taxes payable decreased $2,600. Compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Adjustments to reconcile net income to net cash provided by operating activities Changes in...
1-3-0 A company had net income of $293280. Depreciation expense is $27040. During the year, accounts...
1-3-0 A company had net income of $293280. Depreciation expense is $27040. During the year, accounts receivable and inventory increased $15600 and $41600, respectively. Prepaid expenses and accounts payable decreased $2080 and $14560, respectively. There was also a loss on the sale of equipment of $17680. How much cash was provided by operating activities? $250640. $330720. $352560. $268320.
: Homework Chapter 1 i Help Save & EXIT SU At the beginning of 2018, Artichoke...
: Homework Chapter 1 i Help Save & EXIT SU At the beginning of 2018, Artichoke Academy reported a balance in common stock of $155,000 and a balance in retained earnings of $55,000. During the year, the company issued additional shares of stock for $45,000, earned net income of $35,000, and paid dividends of $10,500. In addition, the company reported balances for the following assets and liabilities on December 31. $ Assets Cash Supplies Prepaid rent Land Liabilities 53,100 Accounts...
Saved Help Save & Exit Coldwell Company had the following balances at December 31: Cash, $1,000;...
Saved Help Save & Exit Coldwell Company had the following balances at December 31: Cash, $1,000; Accounts Receivable, $2,000; Supplies, $200; Merchandise Inventory, $500; Building, $5,000; Accounts Payable, $700; Wages Payable, $300; and Mortgage Payable due in two years, $3,000. Coldwell Company has a current ratio at December 31 of Multiple Choice 3.7 to 1 O 8.7 to 1 O 2.175 to 1 O < Prey 17 of 21 !! Next > o search O e ÔL 9w1.NO
A company had net income of $293280. Depreciation expense is $27040. During the year, accounts receivable...
A company had net income of $293280. Depreciation expense is $27040. During the year, accounts receivable and inventory increased $15600 and $41600, respectively. Prepaid expenses and accounts payable decreased $2080 and $14560, respectively. There was also a loss on the sale of equipment of $17680. How much cash was provided by operating activities? $250640. $330720. $352560. $268320 1-3-0
Multiple Choice Question 129 Pharoah Company had net income of $1103600 for the year ending 12/31/2022....
Multiple Choice Question 129 Pharoah Company had net income of $1103600 for the year ending 12/31/2022. Depreciation expense for 2022 is $136400. During the year, accounts receivable and inventory increased $74400 and $198400, respectively. Prepaid expenses and accounts payable decreased $9920 and $19840, respectively. There was also a loss on the sale of equipment of $14880. How much cash was provided by operating activities in 2022? $972160. $1339200. $942400. O O O $1398720.
Help Save&Exit Su Gargantic Inc. had net income of $90,000 for 2018; its weighted-average common shares...
Help Save&Exit Su Gargantic Inc. had net income of $90,000 for 2018; its weighted-average common shares outstanding for 2018 was 18,000 shares. The Company's dividend per share was $0.45, its market price per share was $88, and its book value per share was $76. What was Gargantic inc's pric/earnings ratio for 2018? Multiple Choice 176. 5.2 50 None of the other 3 answer choices is the correct price/eamings ratio for Gargantic Inc. for 2018 < Prev 4 of 10辮 Next>...
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...
QUESTION 1 A company had net income of $252.000. Depreciation expense was $26,000. During the year, accounts receivable and inventory increased by $15.000 and $40.000, respectively. Prepaid expenses and accounts payable decreased by $2.000 and $4,000, respectively. There was also a loss on the sale of equipment of $3,000. How much was the net cash flow from operating activities on the statement of cash flows using the indirect method? a. $284.000 b. $305,000 c. $217,000 d. $224.000 QUESTION 2 The...
Help Save & Ex Saved Cain Inc. reports net income of $15,600. Its comparative balance sheet shows the following changes: accounts receivable increased $6,600; inventory decreased $8,600: prepaid insurance decreased $1,600; accounts payable increased $3,600 and taxes payable decreased $2,600. Compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Adjustments to reconcile net income to net cash provided by operating activities Changes in...
: Homework Chapter 1 i Help Save & EXIT SU At the beginning of 2018, Artichoke Academy reported a balance in common stock of $155,000 and a balance in retained earnings of $55,000. During the year, the company issued additional shares of stock for $45,000, earned net income of $35,000, and paid dividends of $10,500. In addition, the company reported balances for the following assets and liabilities on December 31. $ Assets Cash Supplies Prepaid rent Land Liabilities 53,100 Accounts...
Saved Help Save & Exit Coldwell Company had the following balances at December 31: Cash, $1,000; Accounts Receivable, $2,000; Supplies, $200; Merchandise Inventory, $500; Building, $5,000; Accounts Payable, $700; Wages Payable, $300; and Mortgage Payable due in two years, $3,000. Coldwell Company has a current ratio at December 31 of Multiple Choice 3.7 to 1 O 8.7 to 1 O 2.175 to 1 O < Prey 17 of 21 !! Next > o search O e ÔL 9w1.NO
Multiple Choice Question 129 Pharoah Company had net income of $1103600 for the year ending 12/31/2022. Depreciation expense for 2022 is $136400. During the year, accounts receivable and inventory increased $74400 and $198400, respectively. Prepaid expenses and accounts payable decreased $9920 and $19840, respectively. There was also a loss on the sale of equipment of $14880. How much cash was provided by operating activities in 2022? $972160. $1339200. $942400. O O O $1398720.
Help Save&Exit Su Gargantic Inc. had net income of $90,000 for 2018; its weighted-average common shares outstanding for 2018 was 18,000 shares. The Company's dividend per share was $0.45, its market price per share was $88, and its book value per share was $76. What was Gargantic inc's pric/earnings ratio for 2018? Multiple Choice 176. 5.2 50 None of the other 3 answer choices is the correct price/eamings ratio for Gargantic Inc. for 2018 < Prev 4 of 10辮 Next>...
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...
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