User Account

All Pages

What is net cash provided by operations

Assignment Help Accounting Basics
Reference no: EM131799346

Question - Net income is $132,000, accounts payable increased $10,000 during the year, inventory decreased $6,000 during the year, and accounts receivable increased $12,000 during the year. Under the indirect method, what is net cash provided by operations?

(a) $102,000.

(b) $112,000.

(c) $124,000.

(d) $136,000.

Reference no: EM131799346

Questions Cloud

Determine a process in the plan as to developing resources : The organization is seeking to establish a library. Determining a process in the plan as to developing those resources has been a source of consternation.
Syllabi for basic undergrad courses : Need to find examples of syllabi for basic undergrad courses for 'principles of (or introduction to) environmental engineering
What is the structure of the federal court system : What is the structure of the federal court system, and what types of cases are addressed at the various federal court levels?
Effects of anti-hypertensive medications in pregnancy : What are the Pharmacological Effects of Anti-hypertensive Medications in pregnancy? Answer should address the following;
What is net cash provided by operations : Net income is $132,000, accounts payable increased $10,000 during the year, Under the indirect method, what is net cash provided by operations
Explains the need for the assessment and analysis : Explains the need for the assessment and analysis. You will then explain what process you would create in order to set these tools in place for organization.
Complaints of postmenopausal bleeding : The patient is a 57-year-old woman who had been seen with complaints of postmenopausal bleeding.
Prepare a tender - estimate for the installation : Prepare a tender/estimate for the installation of 20 steel street lamps in 5 streets of a small town to replace ageing concrete lamp standards
What role social learning play in communities of practice : Explain the difference between single loop learning and double loop learning. What role does social learning play in communities of practice (CoPs)?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Bob soakup and clare karr are examining the following

Using the data provided, prepare a statement of cash flows in proper form using the indirect method. The only noncash items in the income statement are depreciation and the gain from the sale of the investment.

  Darcelle enterprises purchased a delivery van for 30000 on

darcelle enterprises purchased a delivery van for 30000 on january 1 2007. the van was estimated to have a service life

  Journalize the transactions including explanations

F.L. Wright Architects incorporated as licensed architects on April 1, 2007. Journalize the transactions, including explanations. Post to the ledger T accounts

  What is james basis in his common and preferred stock

How are these transactions treated for income tax purposes by James, Karen, and Spinone? What is James's basis in his common and preferred stock

  Compute ending inventory by conventional retail inventory

The records of Novak's Boutique report the following data for the month of April. Compute the ending inventory by the conventional retail inventory method

  How do internal reports differ from external reports?

How do internal reports differ from external reports?

  Why are some assets and liabilities classified as current

why are some assets and liabilities classified as current and other are classified as long-term? explain the favorable

  Factory overhead is applied using a plant-wide rate

Factory overhead is applied using a plant-wide rate based on direct labor hours. Factory overhead was budgeted at $60,000 for the year and the direct labor hours were estimated to be 15,000. Job XY5 consists of 50 units. What is overhead cost a..

  Abc company wants to invest in a new venture capital fund

abc company wants to invest in a new venture capital fund that currently earns 16 per year compounded quarterly. what

  Martinez companyamp8217s ledger shows the following

martinez companyamp8217s ledger shows the following balances on december 31 2010. 5 preferred stockamp821210 par value

  Explain why you think todays computer systems are vulnerable

Why do you think today's computer systems are so vulnerable? Low-risk vulnerabilities include the inability of users to change their passwords, user passwords not being changed periodically, and passwords smaller than the minimum size specified by ..

  Describe the unique process utilized by google in its ipo

Describe the unique process utilized by Google in its IPO, including its intended advantages and potential disadvantages.

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