Reference no: EM132742929
Problem - Cash flows from operating activities-indirect method - Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Corp. for a recent year are as follows:
Income statement data:
Net income $49,311
Gain on disposal of property 1,188
Depreciation expense 11,580
Other items involving noncash expenses 1,383
Balance sheet data:
Increase in accounts receivable 1,746
Decrease in inventory 990
Increase in prepaid expenses 605
Decrease in accounts payable 710
Decrease in accrued and other current liabilities 995
Required -
a. Prepare the "Cash flows from operating activities" section of the statement of cash flows, using the indirect method for National Beverage Corp.
b. Interpret your results in part (a).
Key personnel-documentation and other relevant information
: The list of available organizational resources, including key personnel, documentation, and other relevant information.
|
Hummus world food truck
: Choose the legal form of organization for the business, and support your choice. Suggest a way to fund the business. Recommend how to attract equity investors.
|
What was the amount of cash received from customers
: If sales for the current year were $753,500 and accounts receivable decreased by $48,400 during the year, what was the amount of cash received from customers
|
Business-level and international corporate-level strategy
: Briefly evaluate its international business-level strategy and international corporate-level strategy and make recommendations for improvement.
|
Prepare the cash flows from operating activities
: Prepare the "Cash flows from operating activities" section of the statement of cash flows, using the indirect method for National Beverage Corp
|
How the duty of reasonable care affects construction project
: Specifically in regard to claims against contractors and how the duty of reasonable care affects construction projects?
|
How can firms ensure that their code of business ethics
: How can firms ensure that their code of business ethics is read, understood, believed, remembered, and acted on rather than ignored?
|
Find n in the calculation forthe price to yield a minimum
: Find n in the calculation forthe price to yield a minimum annual nominal rate of 396. A 10% 10-year face value 1000 bond with semiannual coupons is issued
|
Find minimum of three professional organizations
: Find a minimum of three professional organizations that may help you get into your desired career field.
|