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W.C. Cycling had $58,000 of cash at year-end 2011 and $14,000 in cash at year-end 2012. The firm invested in property, plant, and equipment totaling $160,000. Cash flow from financing activities totaled +$100,000.
a.What was the cash flow from operating activities?
b.If accruals increased by $5,000, receivables and inventories increased by $20,000, and depreciation and amortization totaled $11,000, what was the firm's net income?
Since merchandise inventory is normally sold within a year,how is it reported on the balance sheet?
create a nested function in cell h2 that looks up the location code from the beaches worksheet looking for an exact
The following labor standards have been established for a particular product: What is the labor efficiency variance for the month?
Bob and Elizabeth, both 55 years old and married, sell their personal residence to Wolfgang in 2011. Wolfgang pays $660,000 and assumes their $90,000 mortgage. To make the sale they pay $20,000 in commissions and $10,000 in legal costs.
1. on january 1 2007 a company issued 10-year 10 bonds payable with a par value of 500000 and received 442647 in cash
Write a Memo to a nonfinancial audience explaining how increasing scrutiny and demand for accountability by the public has influenced reporting for not-for-profit and governmental entities.
a company has 200000 par value 10 bonds outstanding. prepare the companys journal entry to retire the bonds at the date
pechstein corporation issued 2120 shares of 13 par value common stock upon conversion of 1140 shares of 49 par value
the following information is available about the company a.selected financial ratios computed from the statements
A U.S. firm has received a large amount of cash inflows periodically in Swiss francs as a result of exporting goods to Switzerland. It has no other business outside the U.S. It could best reduce its exposure to exchange rate risk by:
Since the Sarbanes-Oxley Act of 2002, fraud from lack of internal controls has gone down. At the same time, collusion between employees and among third parties has increased.
The Ice Corporation issues 30,000 shares of $50 par value preferred stock for cash at $60 per share.
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