User Account

All Pages

What was the amount of cash used in operating activities

Assignment Help Accounting Basics
Reference no: EM131784976

Question - Robinson Company reported a net loss of $23,000 during the year. comparing beginning and ending balances, you determine the following: (1) accounts receivable increased by $8,000; and (2) accrued expenses payable increased by $5,000. What was the amount of cash used in operating activities during the year?

a. $26,000

b. $36,000

c. $20,000

d. $10,000

Reference no: EM131784976

Questions Cloud

Read all of the material and the case study : American Investment Management Services in Week 9 before beginning the final exam. Then answer the following questions.
Why sec has been criticized for doing too little to clean up : Based on a Literature review please identify why the SEC has been criticized for doing too little to clean up XBRL filings.
Documentation practices within managed care organization : What are the documentation practices within managed care organization.
Find the corners of the solution region : Learning environments An experiment that involves learning in animals requires placing white mice and rabbits into separate, controlled environments.
What was the amount of cash used in operating activities : Robinson Company reported a net loss of $23,000 during the year. What was the amount of cash used in operating activities during the year
Define organizational strategy : In your own words, define organizational strategy. Explain the relationship between a business’s organizational strategy and its projects.
What is the couples marriage penalty or benefit : What is the couples marriage penalty or benefit, If they were to file separate tax returns, Lisa would have reported taxable income
Responsible for designing a new package for breakfast cereal : Imagine yourself as a potential member of a team responsible for designing a new package for a breakfast cereal.
Calculate the number of paint sets in ending inventory : Calculate (A)the number of paint sets in ending inventory and (B) the cost of ending inventory under the LIFO, FIFO, and weighted average methods.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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