Net cash flow from operating activities

Assignment Help Accounting Basics
Reference no: EM13129892

Net cash flow from operating activities may be reported indirectly by removing the effects of certain items from net income. Which of the following requires an adjustment for this purpose?

a) Interest expense.

b) Sales revenue.

c) Depreciation.

d) Interest revenue.

Reference no: EM13129892

Questions Cloud

What is monthly margin of safety in dollars : If the inn plans on renting an average of 50 rooms per day (assuming a 30-day month), what is (1) the monthly margin of safety in dollars and (2) the margin of safety ratio
When a ketone is treated with water what general results : When a ketone is treated with LiAlH4 followed by addition of water, what general class of product results?
Determine the initial pressure of n2 : 2.00 L of H2 at a pressure of 398 torr and 1.00 L of N2 at an unknown pressure. If the total pressure in the flasks is 331 torr after the stopcock is opened,
Financial management-annual inflation rates : Suppose the current exchange rate for the Polish zloty is Z 2.85. The expected exchange rate in three years is Z 2.93. What is the difference in the annual inflation rates for the United States and Poland over this period?
Net cash flow from operating activities : Net cash flow from operating activities may be reported indirectly by removing the effects of certain items from net income. Which of the following requires an adjustment for this purpose?
Describe capital investements and sharing the remainder : The firm earned 423,300. The partners to share income by providing annual salary allowances of 39,000 to kim. 34,000 to tere. and 46,000 to josh. Granting 10 percent interest on the partners beginning capital investements and sharing the remainder..
Analyze the impact of erroneous classifications : Analyze the impact of erroneous classifications in the operating activities section of the cash flow statement on free cash flow and how this distortion can impact the decisions made by financial statement users.
Confidence interval for automobiles traveling on interstate : From past information, it is known that the standard deviation of the population is 22 mph. The 96.6% confidence interval for m is?
Computing monthly finance charge for credit card : Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Semiannual interest payment dates

DNA Corporation issued $4,000,000 in 8 percent, 10-year bonds on February 1, 2010, at 115. Semiannual interest payment dates are January 31 and July 31. Use the straight-line method and ignore year-end accruals.

  Creating a perception of detection

Creating a perception of detection can act as a deterrent to fraud. What are some ways companies attempt to create such a perception?

  Determining straight-line depreciation

In 2013, it is determined that the total estimated life should be 10 years with a salvage value of $5,490 at the end of that time. Assume straight-line depreciation.

  Prepare in journal form

Prepare in journal form, without explanations, the end of month adjusting entries for Flop's Copy Shop for the month of September. Prepare a partial adjusted trial balance for the accounts provided.

  What are the relevant tax issues

Because of Wyatt's loyalty, Julie would like him to have shares in the corporation. What are the relevant tax issues?

  Manufacturing overhead costs

Explain why manufacturing overhead costs cannot be directly associated with any particular product, and how such costs are allocated to each of several company's products under the so-called traditional approach to overhead allocation.

  Gift tax is based on which property

When property is transferred, the gift tax is based on:

  Fund accounting-fiduciary funds-permanent funds

Fiduciary funds are accounted for differently than permanent funds, even though both may account for nonexpendable resources.

  Problem related to cpa

Tammy called and wanted to let you know her new situation. Her real estate agent advised her that the home was worth $570,000 when her father died, and $450,000 when her mother died. As her CPA, how would you advise her?

  Gain and net reduction in retained earnings

Pierson Corporation owned 10,000 shares of Hunter Corporation. These shares were purchased in 2007 for $90,000. On November 15, 2011, Pierson declared a property dividend of one share of Hunter for every 10 shares of Pierson held by a stockholder.

  Promoting the profession of accountancy

You have been elected president of your university's newly chartered accounting honor society. The society is a chapter of a national organization that has the following mission: "To promote the profession of accountancy as a career and to imbue m..

  Build up an income statement in good form

Build up an income statement in good form for Sanford Company for the first three months of 20x3. Provide journal entries for each of the transactions. The numbers in the journal entries can be rounded to the nearest dollar.

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