What is the net cash provided by operating activities

Assignment Help Accounting Basics
Reference no: EM132795742

Question - MYWorld Corporation is preparing its statement of cash flows and has provided this information:

Net income P400,000

Depreciation on property, plant and equipment 200,000

Loss on sale of building 100,000

Interest expense 150,000

Interest payable, beginning of the year 100,000

Interest payable, end of the year 50,000

Accounts receivable, beginning of the year 500,000

Accounts receivable, end of the year 850,000

Inventory, beginning of the year 500,000

Inventory, end of the year 400,000

Accounts payable, beginning of the year 200,000

Accounts payable, end of the year 500,000

Required - What is the net cash provided by operating activities?

Reference no: EM132795742

Questions Cloud

Review problem based on exhibition of world art : Imagine you are a curator at your local city's Museum of Art. You have been asked to organize a small exhibition of objects of art from the cultures of China.
What total amount of revenue should Clark Inc recognize : For the year ended December 31, 2011, what total amount of revenue (including interest) should Clark Inc. recognize
What is the opportunity cost in terms : What is the opportunity cost in terms of other programs the U.S. could have spent its resources on? Be sure to identify those programs
Find what present value of a perpetual stream of cash flows : Find What is the present value of a perpetual stream of cash flows that pays ?$6,500 at the end of year one and annual cash flow grow at a rate of 3?% per year?
What is the net cash provided by operating activities : MYWorld Corporation is preparing its statement of cash flows and has provided this information: What is the net cash provided by operating activities
What is the other term for stated value : What is the other term for stated value and par value method?
Determine the amount of maintenance costs allocated : Determine the amount of maintenance costs allocated to each operating department. If the maintenance costs are allocated to operating departments
Draw a correctly labeled graph for a monopoly : Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes
Find what will be the resulting percentage change in earning : Find what will be the resulting percentage change in earnings per share of Rat Race Home Security, Inc. if they expect operating profit to change -0.3 percent?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much new debt needs to be issued to realize defeasance

The interest rate on these bonds is 8%. How much new debt needs to be issued to realize defeasance of the present issue

  Rayburn corporation purchased a new machine for 120000 the

rayburn corporation purchased a new machine for 120000. the machine has an estimated useful life of 10-years with no

  What type of company may have large positive net cash

what type of company may have large positive net cash provided by operating activities?what type of company may have

  Children-advertising, health-advertising

Consider the key persuasive techniques used in consumer advertising. Write a 350-word paper about critical issues that could arise from the following areas:

  Write down a 2-4 page paper regarding the project either

write a 2-4 page paper regarding a project either real or fictitious where one is able to discuss how risks were

  What defenses are available in this situation

Identify the key areas of concern if the company fell on hard times and their creditors forced them into bankruptcy. What defenses are available in situation

  Calculate the taxable value of each benefit provided

Calculated the taxable value of each benefit provided. Include in your working papers references to the FBT legislation for each benefit provided

  How many units must Sunland sell

In 2019, Sunland sold 1000 units at $500 each, and earned net income of $40000. How many units must Sunland sell in 2020

  Problem regarding the arbitration program

Employees who continued to work after the effective date of the new policy were deemed to have accepted it. When an employee told the president that he would not sign, he was told "not to worry about it." Subsequently, a new employee handbook was ..

  Find the net cash received over the life of bond investment

Annapolis Company purchased a $2,000, 7%, 9-year bond at 97 and held it to maturity. Find the net cash received over the life of bond investment

  Company total amount of liabilities plus equity

Refer to this chapter's opening feature about Twitter. Assume that the owners decide to open a new Website devoted to micro blogging for accountants and those studying accounting. This new company will be called AccounTwit.

  Compute the amount of this required annual contribution

The first contribution will be made on December 31, 2016. Compute the amount of this required annual contribution

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