Find what amount of net cash flows from operating activities

Assignment Help Financial Accounting
Reference no: EM132770892

Depreciation 10,000

Net income 18,000

Beginning Accounts Receivable 10,500

Ending Accounts Receivable 12,600

Beginning Inventory 1,000

Ending Inventory 5,000

Beginning Accounts Payable 8,000

Ending Accounts Payable 5,000

Beginning Salary Payable 6,000

Ending Salary Payable 5,000

Problem 1: What is the amount of net cash flows from operating activities?

Reference no: EM132770892

Questions Cloud

Would prefer a macrs deprecation schedule or a straight line : CFO of a company investing in this? asset, in general would you prefer a MACRS deprecation schedule or a straight line depreciation? schedule, and? why?
What was the amount of best buy cost of merchandise sold : Best Buy reported sales of $40,339 million. Its gross profit was $9,047 million. What was the amount of Best Buy's cost of merchandise sold
What will the book value of the asset be at the end of year : Let's say you spend $11,000,000 on a depreciable asset that uses the 5-year MACRS schedule. What will the book value of this asset be at the end of year 3
Compute the gross profit percentage : During the current year, merchandise is sold for $31,850,000. The cost of the merchandise sold is $24,206,000. Compute the gross profit percentage
Find what amount of net cash flows from operating activities : Find What is the amount of net cash flows from operating activities? Beginning Accounts Receivable 10,500. Ending Accounts Receivable 12,600
What is the amount of cash required for the payment : If Halibut Company pays the invoice within the discount period, what is the amount of cash required for the payment
BUS705 Innovation and Management Assignment : BUS705 Innovation and Management Assignment Help and Solution, University of the Sunshine Coast - Assessment Writing Service
Main primary producers in the ocean : What are the physiological characteristics that enable Synechococcus and Prochlorococcus to be the main primary producers in the ocean.
What is the amount of the refund owed to the customer : Sales-related transactions - After the amount due on a sale of $28,000, terms 2/10, n/eom, What is the amount of the refund owed to the customer

Reviews

Write a Review

Financial Accounting Questions & Answers

  Provide the disclosure of research and development costs

What guidance does the codification provide the disclosure of research and development costs? What is the nature of the authoritative guidance for advertising costs for entertainment companies?

  If w has a chi-square distribution

Suppose W = Y1 +Y2 where Y1 and Y2 are independent. If W has a chi-square distribution with v degrees of freedom and Y1 has a chi-square distribution with v1 .

  Report the annual depreciation and annual book value

Prepare a depreciation schedule to be used for tax purposes for a $998,400 asset with a $24,000 salvage value and a 10-year recovery period

  Explain and calculate the ceiling beyond

Explain and calculate the ceiling beyond which the carrying amount of the item of machinery cannot be increased on 30 June 2019

  Calculate the multifactor productivity for this operation

A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $30 per hour per employee. Each employee identifies an average of 2,500 potential leads a week from a lis..

  Addressing all the requirements of negotiability

Determine whether the following instrument is a negotiable instrument, addressing all the requirements of negotiability in your response. I, James Wyatt, promise to pay $12,000 to Buck’s Bikes in four equal installments of principal, beginning on Jan..

  What is the dollar amount of dividends

What is the dollar amount of dividends that he received for owning the stock during the year? Round to two decimal places.

  The financial statements of nosker company

Presented below are the financial statements of Nosker Company.

  What pinnacle plantwide factory overhead rate

100,270 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is?

  Budgeting and financing the organisation

Week 5 Key Concept Exercise Budgeting and financing the organisation Print Page This week's Key Concept Exercise is intended to get you thinking about the use of budgeting in an organisation. There are many different types of budgets. This week, you ..

  Free trade credit firm receive during the yearfilbeck

free trade credit firm receive during the year.filbeck company buys on terms of 215 net 30 days. it does not take

  What is cost of good sold under weighted-average cost method

Beginning inventory, For the month of September, the company sold 29 units. What is cost of goods sold under the weighted-average cost method?

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