How much cash was provided by operating activities

Assignment Help Accounting Basics
Reference no: EM132528139

Question - The net income reported on the income statement for the current year was $215000. Depreciation recorded on plant assets was $34700. Accounts receivable and inventories increased by $1800 and $7700, respectively. Prepaid expenses and accounts payable decreased by $1900 and $11500 respectively. How much cash was provided by operating activities?

$195800

$230600

$215000

$249700

Reference no: EM132528139

Questions Cloud

Compute the total and quantity variances for material : What is a possible scenario that would provide one cause for the variances computed in (a) and the unfavorable labor quantity variance?
What was the increase in real purchasing power associated : The CFO of your firm has asked you for an approximate answer to this question: What was the increase in real purchasing power associated with both 3-months
What data was extracted from the network : What computers were compromised? What data was extracted from the network? What type of attack was conducted?
Estimating the planning for retirement : How much money will Todd and Jessalyn have in 10 years if they put $2400 per year away for the next 10 years?
How much cash was provided by operating activities : Prepaid expenses and accounts payable decreased by $1900 and $11500 respectively. How much cash was provided by operating activities
What will sales be for the sporting goods division : The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. What will sales be for Sporting Goods Division at break-even point?
What is the constitution : what does it say about the rights of people? Note: Be careful, because it is not obvious what "rights" are really in the Constitution
How much cash was provided by operating activities : Prepaid expenses and accounts payable increased, respectively, by $1100 and $8400. How much cash was provided by operating activities
Determining the planning for retirement : How much money will Todd and Jessalyn have in 45 years if they do nothing for the next 10 years, then puts $2400 per year away for the remaining 35 years?

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