Computation of cash balance at the end using given datause

Assignment Help Financial Accounting

Reference no: EM13356415

Computation of cash balance at the end using given data.

Use the following information to calculate the change in the company's cash balance for the year.

Credit Sales $500,000
Cash Sales $300,000
Operating Expenses on Credit $400,000
Cash Operating Expenses $200,000
Accounts Receivable (Beg. of Year) $20,000
Accounts Receivable (End of Year) $40,000
Accounts Payable (Beg. of Year) $50,000
Accounts Payable (End. of Year) $25,000
Income Taxes Paid $80,000

a. $75,000
b. $200,000
c. $100,000
d. $120,000

Reference no: EM13356415

Questions Cloud

Preparation of cash flow statement using indirect : preparation of cash flow statement using indirect method.prepare statement of cash flows indirect method using balance

Multiple choice question based on cash flow : multiple choice question based on cash flow statement.1.nbspwhich methods of evaluating a capital investment project

Computation of free cash flow from given datagiven the : computation of free cash flow from given data.given the following financial statements for acme corporation what is the

Computation of cash flow from financing activities using : computation of cash flow from financing activities using given data.given the following financial statements for acme

Computation of cash balance at the end using given datause : computation of cash balance at the end using given data.use the following information to calculate the change in the

Multiple questions on cash flows1nbspa buyer receives : multiple questions on cash flows.1.nbspa buyer receives favorable financing from the seller as follows actual mortgage

Preparation of cash flows statement in indirect methodthe : preparation of cash flows statement in indirect method.the comparative balance sheet of oak and tile flooring co. for

Classification of various cash flows in to operating : classification of various cash flows in to operating investing or financing activities.cash flow classificationsfor

Preparation of cash flows statement using indirect : preparation of cash flows statement using indirect method.presented below is information related to the operations of

User Account

All Pages