Compute dollar value of cash provide by operating activity

Assignment Help Managerial Accounting
Reference no: EM132516366

Question 1: Ocean Pines Company had net income $600,000. They also had depreciation expense of $125,000, an increase or (decrease) in accounts receivable of $70,000, and an increase or (decrease) in inventory of $-15,000. Ocean Pines prepares their Statement of Cash Flows using the indirect method. Use this information to determine the dollar value of cash provided or (used) by operating activities. If the total is a use of cash, enter as a negative number. (a negative number for accounts receivable or inventory indicates that the balance decreased)

Reference no: EM132516366

Questions Cloud

Discuss the common idea behind arbitrage strategies : Discuss the common idea behind arbitrage strategies. What are the potential risks of trading on an apparent arbitrage opportunity?
What would the new monthly repayment be : Sarah is planning to purchase a new house. To purchase the house, she will need to borrow $550,000 from the bank. The loan term is 30 years
Health insurance portability and accountability act : Legal issues in health care include violation of patient privacy laws and regulations, such as the Health Insurance Portability and Accountability Act (HIPAA);
Determine the project and its objectives and metrics : Create at least 3 measurable project objectives based on your analyses. Determine timelines and responsibilities for each objective
Compute dollar value of cash provide by operating activity : Demonstrate the dollar value of cash provided or (used) by operating activities. If the total is a use of cash, enter as a negative number.
Calculate the internal rate of return in excel : Kingston Corporation is considering a new machine that requires an initial investment of $550,000, including installation costs, and has a useful life
Determine the impairment of goodwill amount : At that date, Pax Ltd's net identifiable assets have a fair value of $4,400,000. Determine the impairment of goodwill amount
Determining the xpected return and volatility : The first economy, all stocks move together - in good times all prices rise together and during bad times they all fall together. On the other hand
What is net cash received over life of the bond investment : Demonstrate What is the net cash received over the life of the bond investment? (all money received minus all money paid, round to nearest whole dollar)

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determine the estimating cost function with machine- hours

If the June's estimated machine-hours total 4,200, what are the total estimated costs of the Machining Department. Determine the estimating cost function

  Scope of management accounting theory

UGB253 - MANAGEMENT ACCOUNTING FOR BUSINESS - Investigate a range of key management accounting models and concepts

  Does performance measured in terms of eva

Calculate economic value added for 2009 to 2012 using a cost of capital (required return) of 9.5 percent. Does performance measured in terms of EVA help explain the decline in stock price?

  Why is the relative sales value a more logical basis

Why is the relative sales value a more logical basis for allocating joint costs than physical quantity?

  Campbell soup company provides access

Campbell Soup Company provides access to its annual reports online at www.campbellsoup.com.

  Determining the traditional costing-activity based costing

K's Cornerspot, a popular university eatery in a competitive market, has seating & staff capacity to serve about 600 lunch customers every day. For the past 2 months, demand has fallen from its previous near-capacity level. Concerned about his dec..

  Determine the markup percentage on variable costs

Use the variable cost markup to determine a suggested selling price for a flash drive. You are determining selling price per unit

  What were total equivalent units of materials for painting

Which were 75% completed with respect to materials. What were the total equivalent units of materials for the painting department for April?

  Using the step down method allocate the service department

Using the step-down method, allocate the service department costs to the operating departments.

  Discuss the three major trends that have prevailed

Discuss the three major trends that have prevailed in international business during the last two decades.

  What is the marginal cost of the thirteenth worker

A retailer has to pay $9 per hour to hire 13 workers. If the retailer only needs to hire twelve workers, a wage rate of $7 per hour is sufficient. What is the marginal cost of the 13th worker?

  Designing reports for a responsibility accounting system

List five important factors that should be considered in designing reports for a responsibility accounting system.

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