Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
2018 2019 change
Machinery and Equipment 41250000 51020900 9770900
Accrued Depreciation (15600000) (19875000) (4275000)
Preferred Stock 2000000 2000000
common stock 100000 100000
APIC 9850000 9850000
Retained Earnings 30000000 41452000 11452000
Total Equity 39950000 5343000
From the income statement you know that
Net income was $11502000
Depreciation was 4300000
Question:
Question 1: What was the effect of the truck sale on operating cash flow?(Hint: what gain or loss was posted to operating?)
Question 2: What was the effect of the truck sale on investing cash flow? (Show cash received from sale and amount of equipment purchased)
Question 3: What was the effect of changes in the equity section of the balance sheet on financing on the cash flow?
FNSINC401 - What is the relationship between workplace policies and procedures - What is economic growth and how is it measure?
Pell Company acquires 80% of Demers Company for $500,000 on January 1, 2010. Demers reported common stock of $300,000 and retained earnings of $210,000 on that date
This income statement reflects sales of 100,000 mice. Direct materials cost $5.00 per mouse, direct labor was $1.00 per mouse, and sales commissions were $1.50 per mouse. Advertising costs totaled $200,000. All manufacturing overhead costs are fixed...
What is the PV of operating cash flows over the competitive advantage period and what is the residual value of the firm after the period of competitive advantage?
Analyze the rationale for health insurance expansion. Include how health insurance expansion relates to the problem of adverse selection.
Determining Gross Profit During the current year, merchandise is sold for $4,885,000. The cost of the merchandise sold is $3,028,700. What is the amount of the gross profit? Compute the gross profit percentage (gross profit divided by sales).
A corporation was formed on January 1 and was authorized to issue 400,000 shares of common stock at $2 par value.
Calculate Boehms total dividends for 2014 - It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual policy.
HA 3011 Advanced Financial Accounting Assignment - What might motivate directors not to revalue the property, plant and equipment
TR Company conducts business exclusively in State V, which levies a 5% sales and use tax on goods purchased or consumed in-state. This year, TR bought equipment in State B. TR also bought machinery in State D. How much use tax does TR Company owe to ..
The directors are wondering why we complicate a very simple way of calculating long service leave – why not “stick with” recognising the expense when we pay for it? What do you think we should do?
Billy Co. began business in Year1. Billy, Co. showed the following stockholders equity section at December 31, Year2 (with certain information missing). All accounts have normal balances. How many shares of preferred stock were issued and outstanding..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd