User Account

All Pages

Calculate net flow for the business

Assignment Help Financial Accounting
Reference no: EM131147535

A house painting business had revenues of $16,800 and expenses of $9,800 last summer. There were no depreciation expenses.

However, the business reported the following changes in working capital:

Beginning accounts receivable $2,000

End accounts receivable 5,300

Beginning accounts payable 860

End accounts payable 380

calculate net flow for the business for this period Net Cash Flow $__.

Reference no: EM131147535

Questions Cloud

Find variance in students learning and frustration results : Find the variance in students learning, and long-term frustration results in three different modes of teaching which consisted of Traditional Lecture, SSL and Virtual Learning (VLE). The results are achieved based on a 2-hour exercise where the same ..
Bill of material for toy car assembly : For the Toy Car table above, what are the Planned Order Receipts in the week of 8/31?  For the Toy Car table above, what are the Planned Order Releases in the week of 9/21? For the Wheel Assembly table above, what are the Net Requirements in the week..
Secure the network and protect access to the web : Describe the significant reasons to secure the Network and protect access to the Web - What are some of these advantages, and from an Information Security perspective, what are some of the common practices in securing these networks?
Discuss the ways in which the artistic production captures : Using at least one example of Jewish or Christian art (you may use several if you wish), discuss the ways in which the artistic production captures the values of the faith.
Calculate net flow for the business : A house painting business had revenues of $16,800 and expenses of $9,800 last summer.- calculate net flow for the business for this period.
Why was cady stantons attendance at the worlds convention : Why was Cady Stanton's attendance at the World's Antislavery Convention in 1840 important to her development as a women's rights advocate?
Important method of health care delivery : In a recent department head meeting, chief executive officer (CEO) Beranger discussed managed care and why Silver Creek Hospital is engaged in what she feels is an important method of health care delivery.
Should sex offender registration laws be changed : Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required page length.
Why does calhoun oppose the incorporation of mexico into us : Why does Calhoun oppose the incorporation of Mexico into the United States? What differences does Calhoun see between previous US expansion and the proposed incorporation of Mexico?

Reviews

Write a Review

Financial Accounting Questions & Answers

  What consolidation journal entries are required

What consolidation journal entries are required for the period ending 30 June 2006? What consolidation journal entries are required in relation to the inter-company transaction for the period ending 30 June 2007?

  The current ratio as short-term liabilities

If a company decides to refinance the short-term liabilities to long term liabilities, they are no longer short-term liabilities. So do you feel they should still be included in the current ratio as short-term liabilities, why or why not?

  What is the opportunity cost of the eliminated

Using the NPV, which projects should be accepted, considering the limit on funds available? Does the list of accepted projects change from Part 2? What is the opportunity cost of the eliminated $200,000?

  Relative ownership interests

The partnership earns $100,000 ordinary income, and the partners agree to divide this amount based on their relative ownership interests

  Compute the amount of cash

Compute the amount of cash to be reported on Eastwood Co.'s balance sheet at December 31, 2007 and  Indicate the proper reporting for items that are not reported as cash on the December 31, 2007, balance sheet.

  Prepare journal entries to record acquisition of building

Prepare the journal entries to record The acquisition of the building and inception of the mortgage loan payable and The first mortgage payment on June 30, 2014.

  Identifying external borrowings requirement

Identifying the External borrowings requirement or excess cash generated by preparing the pro-forma balance sheet - Forecast the firm's December 31, 2010 pro-forma balance sheet.  Identify the external financing need (EFN) or excess cash generated.

  Create a short article about a company making a decision

create a short article about a company making a decision like one just covered on incremental analysis. seek

  What was the top marginal personal income tax rates

what was the top marginal personal income tax rates in 1980? what is the top rate now? are you in favor of or opposed to the lower marginal rates? why

  Correct cash balance as of the end of the month

What is the correct cash balance as of the end of the month? Verify this amount by reconciling the bank statement with the cash balance on the books.

  Part of a perform balance sheet

Which of the following is part of a perform balance sheet. (a) Current asset (b) Gross profit (c) Cost of goods sold (d) Cash flow from investing activities

  Runners corporation sold land

Runners Corporation sold land for $4500 cash with no gains or loss. Make a journal entry reflecting this statement.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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