Cash flows from operating activities-direct method the cash

Reference no: EM13605381

Cash Flows from Operating Activities-Direct Method The cash flows from operating activities are reported by the direct method on the statement of cash flows. Determine the following: a. If sales for the current year were $513,750 and accounts receivable decreased by $32,625 during the year, what was the amount of cash received from customers? $____?____ b. If income tax expense for the current year was $34,500 and income tax payable decreased by $3,900 during the year, what was the amount of cash payments for income tax?

Reference no: EM13605381

Questions Cloud

Callaham corporation is a wholesaler that sells a single : callaham corporation is a wholesaler that sells a single product. management has provided the following cost data for

How much would income from operations increase if : for a recent year mcdonalds company-owned restaurants had the following sales and expenses in millionssales 16083food

Compute 99 confidence intervals for the average daily : all february data was combined of 28 days of dataall august data was combined of 31 days of dataaugust 2013mean

Determine the a amount of paddle-wheel work in btu after 45 : an insulated rigid tank initially contains 1.8 ibm of helium at 82 f and 45 psia. a paddle wheel with a power rating of

Cash flows from operating activities-direct method the cash : cash flows from operating activities-direct method the cash flows from operating activities are reported by the direct

Cnsider a spherical gaussian surface and three chargesq1 : consider a spherical gaussian surface and three chargesq1 1.59uc q2 -2.46uc and q3 3.58uc . find the electric flux

Derive expression for a and b in terms of standard : derive expression for a and b in terms of standard deviation of x and y mean of x and y and the correlation bw x and y.

Determining cash payments to stockholders the board of : determining cash payments to stockholders the board of directors declared cash dividends totaling 260000 during the

Suppose that fty-two percent of the residents of the city : suppose that fty-two percent of the residents of the city eugene think that arizona will defeat oregon in their next

User Account

All Pages