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Question - For 2019, a company's depreciation expense was $1,200,000, cash flow from operations was $10,000,000, and net capital spending was $5,200,000. During 2019, the company's net working capital increased by $800,000. On December 31, 2018, the company had net fixed assets of $20,000,000. What was the company's CFFA for 2019?
Jun 15 Issued 2,000 common shares with a market price of $14 per share in exchange for equipment. Prepare the journal entries to record the above transactions.
Last year Attic charged $3,496,000 Depreciation on the Income Statement . If early this year Attic sold all its depreicable assets for their book value, the effect on financial statements would be (all other items remaining equal):
For debt the weight is 0.44, after tax cost is 0.051, and the product is 0.02244. I do not understand how to calculate the after-tax costs. How is this done?
in 2012 bailey corporation discovered that equipment purchased on january 1 2010 for 50000 was expensed at that time.
What is inventory system? How and why we need to apply perpetual inventory system to make efficient business/organization in effective way
A manufacturing company has a beginning finished goods inventory of $28,300, cost of goods manufactured. What is the cost of goods sold for this company?
on january 1 2004 ellen inc. established a petty cash fund of 200. on december 31 2004 the petty cash fund was examined
Which of the following industries is likely to have the lowest costs of financial distress? Which of the following industries likely to have the highest costs of financial distress?
A local partnership has only two assets (cash of 10000 and land with a cost of 35000). How much cash does each partner receive in a final settlement
Assume that the populations' variances are not equal, and set population 1 to be the lunch time of American people. What is the degrees of freedom
Presented below are the 2013 income statement and comparative balance sheets for Santana Industries.
What is the carrying amount of the remaining trading securities on December 31, 2017? Jan 2 Recorded the receipt of semiannual interest on bonds
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