Discuss how much was super markets cash

Assignment Help Accounting Basics
Reference no: EM131753464

Super Market earned net income of $ 62,000 after deducting depreciation of $ 8,000 and all other expenses. Current assets decreased by $ 7,000, and current liabilities increased by $ 9,000. How much was Super Market's cash provided by operating activities (indirect method)?
A.$ 72,000 B.$ 52,000 C.$ 86,000 D.$ 38,000

Reference no: EM131753464

Questions Cloud

Percentage of fat in a serving size : Public Health and Nutrition Nondairy creamers (for coffee and tea) contain vegetable fat, cornsyrup solids, casein, and other ingredients.
Estimate of the population mean : What is the margin of error of your estimate of the population mean at a 95% confidence level?
Determine that the population mean weights are different : Marketing and Consumer Behavior The deli department in a Publix Supermarket conducted a survey to compare orders on certain items.
Under what conditions is this result valid : At the 5% level of significance, is there enough evidence to indicate that the average selling price of all homes in Toronto exceeds $400,000?
Discuss how much was super markets cash : Super Market earned net income of $ 62,000 after deducting depreciation of $ 8,000 and all other expenses
How will you use the information or insight in the future : What does your money personality say about you (do you think this is accurate?). How will you use this information or insight in the future?
Check hypothesis of no difference in population mean tension : Sports and Leisure A study was conducted to determine the tension needed by various types of guitar strings in order to produce the proper frequency.
Difference in the mean ages of the two groups : Test the claim that there is difference in the mean ages of the two groups. Use a = 0.01.
What is the term that describes an entity that purchases : What is the term that describes an entity that purchases the accounts receivables of a water

Reviews

Write a Review

Accounting Basics Questions & Answers

  If an asset costs 240000 and is expected to have a 40000

if an asset costs 240000 and is expected to have a 40000 salvage value at the end of its ten-year life and generates

  Darter company manufactures two products product f and

darter company manufactures two products product f and product g. the company expects to produce and sell 3500 units of

  Prepare the journal entries to record the costs incurred

Ainge Auto sells used cars and trucks. During 2012, it sold 53 cars and trucks for a total of $1,400,000. Ainge provides a 24-month, 30,000-mile warranty on the used cars and trucks sold.

  Surcharges what is the freight surcharge please difference

what is the freight surcharge? please difference between heavy lift surcharge long lift

  Create a four page ccr report for based on your entity

Create a four page CCR report for based on your selected/approved government entity and its CAFR. Prepare a Power Point presentation (CCR: templates and guidance at www.agacgfm.org ) 8-10 slides.

  Account for sale of securities from each portfolio

How should Victoria account for the sale of securities from each portfolio? And Why? (What is the justification for the recommended accounting treatment).

  Cnseco oil company has an account titled oil and gas

cnseco oil company has an account titled oil and gas properties. conseco paid 6000000 for oil reserves holding an

  Describe the differences in the following three types

Describe the differences in the following three types of processing Batch processing Online processingReal time processing

  Basics of balance sheet and income statement

Select either the balance sheet or income statement and explain how the use of it may be applied to your everyday life.

  Explain a little about the company risks

Explain a little about the company's risks (i.e., business risks) based on the discussions in the annual report

  Identify the primary business emphasis of each company

Identify the primary business emphasis of each of the following companies as a low-cost emphasis.

  Georgia lazenby believes a current liability

Georgia Lazenby believes a current liability is a debt that can be expected to be paid in one year. Is Georgia correct? Explain.

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