How did these three accounts affect the firms cash flows

Assignment Help Accounting Basics
Reference no: EM131915331

Question - During the year, Kitchen Supply increased its accounts receivable by 130, decreased its inventory by 75, and decreased its accounts payable by 40. How did these three accounts affect the firms cash flows for the year?

Reference no: EM131915331

Questions Cloud

Compute the estimated inventory at may : Astaire Company uses the gross profit method to estimate inventory for monthly reporting purposes. Compute the estimated inventory at May 31
Perform the statistical calculations necessary : Determine attack rates, and perform the statistical calculations necessary to find and association with disease and determine a likely source of the outbreak.
Net price received for his soybeans after hedging : Did the basis strengthen or weaken? What was the net price received for his soybeans after hedging?
Examples of administrative agencies that enforce law are : . In order for the U.S. Congress to create a new law, it must have the authority which comes mostly from the powers granted.
How did these three accounts affect the firms cash flows : During the year, Kitchen Supply increased its accounts receivable by 130, How did these three accounts affect the firms cash flows for the year
Determine how to do payroll for the merged company : It was your job to pull these team members together, to determine how to do payroll for the merged company with less staff, and therefore to reduce costs.
What is the effect of the accounting errors on net income : The company counted inventory incorrectly as of 12/31/08. What is the effect of the accounting errors on net income for fiscal 2008 (year ended 12/31/08)
Write a report of your analysis of the data : Write a 350- to 525-word report of your analysis of the data. Include an answer to the questions - Which age groups are most affected
Describe operational challenges in delivering the services : Develop service concepts that Bert Nystrom should deliver in Build-it stores. Describe the operational challenges he faces in delivering these services.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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