What should be the net cash provided by operating activities

Assignment Help Accounting Basics
Reference no: EM132447897

Question - Marigold Corp., had net income for 2018 of $5360000. Additional information is as follows:

Amortization of patents $44400

Depreciation on plant assets 1658000

Long-term debt:

Bond premium amortization 64100

Interest paid 891000

Provision for doubtful accounts:

Current receivables 80000

Long-term nontrade receivables 31000

What should be the net cash provided by operating activities in the statement of cash flows for the year ended December 31, 2018, based solely on the above information?

Reference no: EM132447897

Questions Cloud

What amount of expense should be reflected : What amount, if any, of expense should be reflected in Oriole's quarterly income statement for the three months ended March 31, 2018
Integrating sources : Explain how the information provided in question three supports your point. How does this information also support the overall argument in your essay?
What is the difference between tropical and temperate : 1. What is the difference between tropical and temperate grasslands? 2. Why aren't polar ice caps and mountains considered biomes?
What is meant by a stakeholder perspective : What is meant by a "stakeholder perspective"? explained that companies should take a stakeholder perspective in the course of conducting business
What should be the net cash provided by operating activities : What should be the net cash provided by operating activities in the statement of cash flows for the year ended December 31, 2018
Foreign exchange gains or losses during the reporting period : How did it impact the Accumulated Translation Adjustments account included in Stockholders' Equity during the reporting period?
What is the journal entry required to record the asset : Marigold Processes is involved with innovative approaches to finding energy reserves. What is the journal entry required to record the asset
How much million note is classified as long-term : Crane owes $3.5 million that is due on February 28. How much of the $3.5 million note is classified as long-term in the December 31 financial statements
Dicuss about the different types of pollutants : Dicuss about the different types of pollutants and heat that can be effectively processed by our environment, which are the most critical to address

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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