User Account

All Pages

How much is the net cash flow from operating activities

Assignment Help Accounting Basics
Reference no: EM132624687

Question - The following information is taken from the records of Golden Harvest Corporation:

Collections from:

Sale of merchandise 3,700,000

Sale of share capital 4,200,000

Sale of investment property 1,300,000

Issuance of bonds 2,000,000

Dividends on investments held 90,000

Payments for:

Purchase of furniture and fixtures 3,400,000

Operating expenses 1,505,000

Merchandise purchased 2,580,000

Purchase of treasury shares 100,000

Interest on notes payable 120,000

Notes payable 1,000,000

Dividends 500,000

Required -

1. How much is the net cash flow from operating activities?

2. How much is the net cash flow from investing activities?

3. How much is the net cash flow from financing activities?

4. Assume a cash balance of P500,000 at the beginning of the year. How much is the cash balance at the end of the year?

Reference no: EM132624687

Questions Cloud

Prepare the journal entries for lobstar ltd for the years : At 30 June 2015, the fair values of both assets were assessed. Prepare the journal entries for Lobstar Ltd for the years ending 30 June 2015 and 2016
Contributed to their discoveries in mathematics : Were there any circumstance of their life that contributed to their discoveries in mathematics?
Explore the gender norms in society : Explore the gender norms in society and point out who you notice women and men are treated differently (whether it is in media, your own experience
Define the role of the community health nurse in partnership : Explain the role of the community health nurse in partnership with community stakeholders for population health promotion. Explain why it is important to apprai
How much is the net cash flow from operating activities : Assume a cash balance of P500,000 at the beginning of the year. How much is the cash balance? How much is the net cash flow from operating activities
Factors contributing to a rapid population growth in africa : List 7 factors contributing to a rapid population growth in Africa
What did covenant mean for ancient israelites : What did "covenant" mean for the ancient Israelites? What's the significance of God's covenant for your life today?
What total amount of fixed manufacturing cost incurred is : If 5,000 units are produced, the total amount of fixed manufacturing cost incurred is closest to? Variable manufacturing overhead$1.35.
What operational areas would be covered by each system : Critically explaining the difference between an Enterprise System such as SAP and an Accounting system which maintains accounting records

Reviews

Write a Review

Accounting Basics Questions & Answers

  What type of culture did andrew mason create

What type of culture did Andrew Mason create for the Groupon organization? If you were offered a job to work at Groupon with the culture

  La compantildeiacutea productora del interior fabrica dos

la compantildeiacutea productora del interior fabrica dos artiacuteculos s y p. tiene dos departamentos de

  Identify any irregular items reported by avon rubber

Identify any irregular items reported by Avon Rubber. Is the reporting of these irregular items in Avon's income statement similar to reporting of these items.

  Prepare the cash budget for the month ending september

Prepare the cash budget for the month ending September 30, 20X5. Be sure to include a proper heading for Whittworth's Hardware

  Montana great outdoors had the following inventory

Compute the company's cost of goods sold for fiscal 2012 assuming the company used a) FIFO and b) LIFO methods of accounting for inventory:

  What additional inquiries need to perform of the client

The addition appears appropriate. There were no disposals in the current year. What additional inquiries, if any, do you need to perform of the client

  Compute the budgeted production for product ZZZ

Estimated beginning inventory 28,800 units 17,200 units. Compute the budgeted production for product ZZZ during the month

  Prepare a schedule showing the allocation of total cost

Prepare a schedule showing the allocation of total cost between finished goods and ending work in process

  What criteria or test is used to determine whether an asset

1.which of the following will not result in an increase in revenues?a sale of goods on creditb sales of services for

  Compute the direct materials cost per equivalent unit

The beginning inventory included materials cost of $107,000. Compute direct materials cost per equivalent unit for department using weighted-average method

  Accounting treatement of the event

A customer of company ABC seems to be doubtful at balance sheet date.therefore company made the provision for the customer at the rate 5%.after the balance sheet date.customer paid 80% of the total amount.required:identify the type of event.2.what..

  Prepare a statement of changes in plan net assets

Presented below is the pre-closing trial balance for the Retiree Health Benefit Plan of the Alger County School District.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd