Bracewell also reported depreciation expense

Assignment Help Managerial Economics
Reference no: EM13986399

a. Bracewell Company reported net income of $193,980 for 2014. Bracewell also reported depreciation expense of $45,100 and a gain of $4,930 on disposal of plant assets. The comparative balance sheet shows an increase in accounts receivable of $18,840 for the year, a $20,980 increase in accounts payable, and a $3,500 decrease in prepaid expenses.

Prepare the operating activities section of the statement of cash flows for 2014. Use the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) 

Reference no: EM13986399

Questions Cloud

What magnetic field strength will prevent loop from rotating : The 10-turn loop of wire shown in the figure(Figure 1)lies in a horizontal plane, parallel to a uniform horizontal magnetic field, and carries a 2.0 A current. The loop is free to rotate about a nonmagnetic axle through the center. A 50 g mass han..
Determine the changes to the balance sheet : Using the chart of accounts in Figure 2-1, determine the changes to the balance sheet, income statement, job cost ledger, and equipment ledger as the result of paying a $5,000 invoice for concrete charged to job cost code
Describe how the plan may impact future funding sources : Describe how decisions regarding personnel changes and the agency's budget influence the quality of program services. Analyze the relationships between grant funding and the delivery of services. Describe how the plan may impact future funding source..
Problem regarding the plan for evans : Red Rock Club also provides a matching contribution ($45) into the plan for Evans. Compute the following amounts; round your answers to the nearest cent.
Bracewell also reported depreciation expense : Prepare the operating activities section of the statement of cash flows for 2014. Use the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
How much less massive are the fuel rods : At typical nuclear power plants, refueling occurs every 18 months. Assuming that a plant has operated continuously since the last refueling and produces 1.0 GW of electrical power at an efficiency of 26%, how much less massive are the fuel rods a..
Why use utilization for existing equipment in operation : What is the rationale for using the coefficient of variation c instead of the standard deviation σ as a measure of variability? Why use Utilization for existing equipment in operation and OEE for new proposed plant equipment
At what rate will the wheel process about the vertical : Initially the axle of the spinning wheel is horizontal, and the wheel is suspended only from the string. We can ignore the mass of the axle and spokes. At what rate will the wheel process about the vertical?
Do you think that this is an ethical behavior : Why do you think that they have made this change? Do you think that this is an ethical behavior for the companies of today? Why or why not?

Reviews

Write a Review

Managerial Economics Questions & Answers

  Find the firm forward pe ratio

A corporation requires $500,000,000 to finance a major project in the firm. The company is expected to generate a total of $80,000,000 in earnings next year with the addition of this project.

  What are some individual and organizational

What are some individual and organizational recommendations to improve the experiences, employment, and status of African-Americans in organizations?

  Find the marginal product and average product

Following are the Production Function: Q = 72X + 15X2 - X3, where Q = Output and X = Input The Marginal Product and Average Product when X = 6 are;

  Why you would expect musician to have seats on the cso board

In most organizations, it is unusual for labor to have representation on the board of directors and management committees. Why you would expect musicians to have seats on the CSO board and management committees.

  Average gross weekly pay of women only

1.For what reasons is the average gross weekly pay of women only 76.4 per cent of that of men in the UK?

  Reduction in interest rates

An increase in the wages for workers (as the industry responds to increases in benefits and adjustments as the minimum wage increases.

  Diminishing marginal rate of substitution

Suppose the worker is always willing to give up $11 of income for each hour of leisure. Do her preferences exhibit a diminishing marginal rate of substitution? How many hours per day will she choose to work?

  Determine the cost of capital for the project

Assume that a foreign project has a beta of 1.12, the risk free return is 9.3 percent and the required return on the market is estimated at 18 percent. Determine the cost of capital for the project?

  Problem-based learning scenario - autoedge

Compare and contrast how production analysis is carried out and be able to evaluate production situations using economy of scale, elasticity and other analytic tools.

  Why do you think alex took active role in supporting drug

Alex Cohen is the general manager of the textile division in a large diversified company. Why do you think Alex took such an active role in supporting the drug division's request?

  The steady state economic growth path

What is meant by the steady state economic growth path ? What determines its slope?

  Under what circumstances would a rise in income tax

Under what circumstances would a rise in income tax act as:

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd