What is the net cash from operating activities

Assignment Help Accounting Basics
Reference no: EM132608403

Question - Nittany, Inc. collected $25,000 from customers, recorded depreciation expense of $5,000, received interest of $900, paid $15,800 of its operating expenses, and paid $500 in dividends. What is the net cash from (used for) operating activities?

a. $5,100

b. $4,600

c. $9,600

d. $10,100

Reference no: EM132608403

Questions Cloud

Describe how the success of a pr campaign can be measured : Evaluate how the success of a PR campaign can be measured. Support your position. Incorporate concepts and examples from this week's lecture in your post.
How do calculate income statement using marginal costing : How to Reconcile profits between marginal costing and absorption costing. How do calculate income statement using marginal costing
Spending result in medical facilities : But what about demand for services that retired people need, such as medical care? Won't that spending result in medical facilities
Incorporate the concepts of game theory : Incorporate the concepts of game theory with international trade and tariffs. Set up two payoff matrices. Set up the first payoff matrix
What is the net cash from operating activities : Nittany, Inc. collected $25,000 from customers, recorded depreciation expense of $5,000, What is the net cash from operating activities
Explain the different types of price discrimination : Explain the different types of price discrimination. Then identify a real-world example of price discrimination
How to use the weighted average cost flow : How to use the weighted average cost flow assumption: determine the equivalent unit cost was in progress for direct material and conversion cost
Big effects on domestic markets : International trade can have big effects on domestic markets. For both an import good and an export good (in other words
Describe the good or service and desired brand image : Describe the good or service and desired brand image. Describe the target market, including buyer motivations, demographics, and psychographics.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Analyzing and assessing research and development expenses

Advanced Micro Devices (AMD) and Intel (INTC) are competitors in the computer processor industry. Following is a table ($ millions) of sales and R&D expenses.

  Summarize the responsibilities and failings of the firm

Analyze and then summarize the responsibilities and failings of the firm, the firm's accountants, and government regulators.

  Calculate total cost of each product using adjusted sales

If joint processing costs were $1,500,000, calculate the total cost of each product using the adjusted sales value method

  Power drive corporation designs and produces a line of golf

power drive corporation designs and produces a line of golf equipment and golf apparel. power drive has 120000 shares

  Calculating the cost of the inventory

Compute the cost of the inventory on December 31, 2010, assuming that the inventory at retail is (a) $294,300 and (b) $359,700.

  Limitations of historical cost accounting

What are the limitations of historical cost accounting? Why is it desirable to remeasure assets and liabilities subsequent to acquisition?

  Prepare the journal entry and show the accounting equation

Recording Sales, State Sales Tax, and Cost of Goods Sold Assume Ahlers Clock sold a grandfather clock for $5,000 cash plus 4 percent sales tax.

  What role does depreciation play in the cash budget

Describe the relationship of the Cash Budget to the Sales Budget. What role does Depreciation play in the Cash Budget

  What are the possible consequences to the accountant

What are the possible consequences to the accountant for not presenting accurate budget figures

  What is the cost of goods sold

Purrfect Pets uses the perpetual inventory system. At the beginning of the quarter, Purrfect Pets has $32,000 inventory. What is the cost of goods sold?

  Quinn diluted earnings per share

Quinn paid $300,000 in preferred stock dividends in 2010, and reported net income of $5,100,000 for the year. Quinn's diluted earnings per share for 2010 should be:

  Badger recorded 500000 of net sales for the year of which 2

brief exercise 7-1 accounting for bad debtsbadger recorded 500000 of net sales for the year of which 2 is estimated to

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