A company had net income of 219632 depreciation expense is

Assignment Help Accounting Basics

Reference no: EM13597771

A company had net income of $219,632. Depreciation expense is $26,812. During the year, Accounts Receivable and Inventory increased $14,869 and $27,331, respectively. Prepaid Expenses and Accounts Payable decreased $2,165 and $7,445, respectively. There was also a loss on the sale of equipment of $4,410. How much cash was provided by operating activities?

Reference no: EM13597771

Questions Cloud

Aziz corporation produces and sells a single product data : aziz corporation produces and sells a single product. data concerning that product appear below. selling price per unit

Recently a sales rep from waste radar company told the city : ignore income taxes in this problem. five years ago the city of paranoya spent 30000 to purchase a computerized radar

Operating expenses other than depreciation for the year : operating expenses other than depreciation for the year were 416818. prepaid expenses increased by 24003 and accrued

Preparing multistep income statement and calculating profit : preparing multistep income statement and calculating profit percentage.assume that you have been hired by big sky

A company had net income of 219632 depreciation expense is : a company had net income of 219632. depreciation expense is 26812. during the year accounts receivable and inventory

Analysis of the bank data reveals that the credits consist : videosoft company maintains a checking account at the intelex bank. at july 31 selected data from the general ledger

As of december 31 2009 there are three outstanding loans : as of december 31 2009 there are three outstanding loans with capitalized loan fees that are being amortized over the

Food bear grocery store purchased a new u-scan machine at a : food bear grocery store purchased a new u-scan machine at a cost of 100000. annual operating cash inflows are expected

Denver company recently hired terry davis as an accountant : denver company recently hired terry davis as an accountant. he was given responsibility for all accounting functions

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages