What are Barrel Corporation cash flows

Assignment Help Accounting Basics
Reference no: EM132617833

Question - The following information is available from the financial statements of Barrel Corporation for the year ended December 31:

Net Income $260,000

Increase in Accounts Payable $5,000

Depreciation Expense $10,000

Payment of Dividends $2,500

Decrease in Accounts Receivable $7,500

Increase in Inventories $5,000

Decrease in Income Taxes Payable $10,000

Required - What are Barrel Corporation's cash flows from operating activities?

A. $267,500

B. $265,000

C. $272,500

D. $257,500

Reference no: EM132617833

Questions Cloud

Prepare a bank reconciliation statement as of june : Prepare a bank reconciliation statement as of June 30. 2015. Advice received from bank that a customer had made direct deposit into the bank Rs,18,000
How have attacks against muslims changed : How have attacks against Muslims changed since 2001? What factors have led to these changes? Describe an example of Islamophobia in US society.
Describe corrective actions : Imagine you are a Finance manager, Describe corrective actions and its types and give suggestions as which type of corrective actions are good for your company.
Quantitative and qualitative research approaches : Discuss the differences between quantitative and qualitative research approaches. Give examples of situations when each is appropriate.
What are Barrel Corporation cash flows : Decrease in Income Taxes Payable $10,000 and Net Income $260,000. What are Barrel Corporation's cash flows from operating activities
Kind of trade-exchange : Consider a multi country, multi good model, in which a country having similar endowment in resources (either in capital, labor, land or any other resource)
Consequences of international labor mobility : In the case of free mobility of labor in a one good model, what can be the consequences of international labor mobility in terms of real wages, world's output a
Explain connection between stereotypes and racial profiling : Over the past few years, racial profiling has been in the news because of high profile cases involving deadly force used against unarmed African Americans.
What are the benefits that are accrued to nature of trade : Under what trade theory this can be categorized and what are the benefits that are accrued to this nature of trade?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is YTM with semiannual compounding

A zero coupon bond sells for 351.98 and Years to maturity = 20, What is YTM with semiannual compounding\

  After each person has had a turn attempting to convince

Which view do you favor? Develop a list of arguments in support of your view prior to the class session for which the case is assigned.

  Property taxes on personal rededence

Brent is shocked when he learns that the property taxes on her personal rededence have increased for 2010. Not only has the tax rate not changed , but he feels that the value of his redidence has decreased. What could be a possible explanation for..

  Make the journal entries to record the transactions

September 25. Annual general meeting approved the final dividend of $10 000. Make the journal entries to record the above transactions

  What is the unearned revenue to be reported by entity A

On January 1, 2021, entity A granted a franchise to entity B involving a food stall. What is the unearned revenue to be reported by entity A on December

  What is the total amount of from agi deductions

The 2010 standard deduction amount is $11,400 and each exemption is $3,650. What is the total amount of from AGI deductions they are allowed to claim

  Determine the standard overhead rate

During March, 11,000 hours were actually worked. Use this information to determine the standard overhead rate

  During may all direct materials are transferred from

the inventory at may 1 and the costs charged to work in process-department b during may for stella company are as

  What is the rate of the withholding tax on the dividend

Canadian individuals, who acts as FORco's CEO and is the brains behind the operations. What is the rate of the withholding tax on the dividend? Why

  What you already know about finances and companies

Be sure to include in your discussion a variety of financial indicators. Think about what you already know about finances and companies and apply your knowledge

  What income from the investment in holister should be report

Assuming Alison uses the fair-value option, what income from the investment in Holister should be reported for 2011

  What is wyatt basis for the new van

Wyatt, Inc. owns a delivery van which he purchased for $50,000. After depreciation of $30,000 had been deducted, the van was traded-in for a new van.

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