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Question - Ocean Pines Company had net income $575,000. They also had depreciation expense of $200,000, an increase or (decrease) in accounts receivable of $20,000, and an increase or (decrease) in inventory of $-25,000. Ocean Pines prepares their Statement of Cash Flows using the indirect method. Use this information to compute the dollar value of cash provided or (used) by operating activities. If the total is a use of cash, enter as a negative number.
Sanders Fashion Company enters into a lease arrangement with Highpoint Leasing for 5 years. What is the lease payment amount Sanders should use
Retirees were paid $264,000 and the employer contribution to the pension fund was $251,000 at the end of 2018. Determine the loss or gain on plan assets
Financial managers may work alongside general services managers to address certain measures of liquidity. How might a financial manager and the department.
Additionally, the president of the company will undertake the project only if it has an NPV of $100,000. What bid price should you set for the contract
An appliance retailer purchased a small vacuum cleaner for $98.99. He plans to take a 45% markup. What will the selling price be?
selzer equipment company sold 542 rollomatics during 2012 at 6950 each. during 2012 selzer spent 33400 servicing the
What is Costing and what are it objectives? Discuss. Elaborate what a Master Budget, including how it is prepared
Think back to your own personal experiences with customer loyalty. Explain one situation that really stands out. What makes you loyal to that company, product, service, etc.?
Prepare a statement of activities for the year ended December 31, 2013, also prepare a statement of financial position as of December 31,2013.
a. Create a data flow diagram of the current system. b. Create a system flowchart of the existing system. c. Analyze the internal control weaknesses in the system. Model your response according to the six categories of physical control activities s..
The company expects 30% of the UPC codes to be sent in. During 2010, 120,000 UPC codes were redeemed. Prepare Wynn's December 31, 2010, adjusting entry.
1. A large inventory of automobiles at an auto manufacturing company ( what constitutes good evidence for net realizable value and classification). 2. Available for Sale Security Investment-( what constitutes net realizable value and classification)
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