Reference no: EM13586956
Hong Kong clothiers reporting revenue of $5,030,000 for its year ended December 31, 2013. Accounts receivable at december 31, 2012 and 2013 were $320,100 and $353,900 respectively. Using the direct methord for reporting cash flows from operating activities, hong kong clothiers would report cash collected from customers as...?
Cendant Corporation's results for the year ended December 31, 2013, include the following material items:
Sales Revenu; $6,340,000
- Costs of Goods Sold; 3,670,000
- Selling and administrative expenses; 1,250,000
- Loss on sale of investments; 183,000
- Loss on discontinued operations; 489,000
- Loss from exporiation (unusual and infrequent event); 798,000
- Restructing Costs; 61,000
- Overstatement of amortization expense in 2010 caused by mathematical error; 58,100
Cendant corporation's income from continuing operations before income taxes for 2013 is:?
Rowdy's would report net cash inflows (outflows) from financing activities in the amount of:
Rowdy's Restaurant cash flow (millions)
- Cash received from:
- Customers; $3,000
- Interest on investments; 280
- Sale of land; 180
- Sale of rowdy's capital stock; 760
- Issuance of debt securities; 2,800
Cash paid for:
- Interest on debt; $380
- Income Tax; 160
- Debt principal reduction; 2,300
- Purchase of equipment; 5,600
- Purchase of inventory; 1,800
- Dividends on capital stock; 440
- Operating expenses; 660
Lucia Ltd. reported net income of $136,600 for the year ended december 31, 2013. January 1 balances in account receivable and accounts payable were $28,000 and 26,700, respectively. Year-end balances in these accounts were 30,300 and 22,300, respectively. Assuming that all relevent information has been presented, Lucia's cash flows from operating activities would be...?