What would the net cash flows from operating activities be

Assignment Help Financial Management
Reference no: EM132368130

Calculator

BlueInk Corporation's accumulated depreciation increased by $14,000, while patents decreased by $3,875 between consecutive balance sheet dates. There were no purchases or sales of depreciable or intangible assets during the year. In addition, the income statement showed a loss on sale of land of $1,950. Accounts receivable increased $6,320, inventory decreased $3,125, prepaid expenses decreased $720, and account payable increased $2,760. Reconcile a net income of $55,000 to net cash flow from operating activities.

BlueInk Corporation

Cash Flows from Operating Activities

Net income $ 55,000
Adjustments to reconcile net income to net cash from operating activities: 

Depreciation  14,000
Amortization  3,875
Loss on sale of land  1,950
Increase in accounts receivable  6,320
Decrease in inventory  3,125
Decrease in prepaid expenses  720
Increase in accounts payable  2,760

What would the Net cash flows from operating activities be?

Reference no: EM132368130

Questions Cloud

Describe how lisa would preform this experiment : Describe how Lisa would preform this experiment. Identify the control group, and the independent and dependent variable in your description.
How does low cellular ph affect lysosomes : How does low cellular pH affect lysosomes? ?What consequences occur following the effects of low pH on lysosomes?
Understanding of homeostasis : Based on your understanding of homeostasis, what do you think its body temperature would be on a much colder day?
What controls do you see that enable their effectiveness : How do regulations impact your daily lives and what controls do you see that enable their effectiveness
What would the net cash flows from operating activities be : BlueInk Corporation's accumulated depreciation increased by $14,000, while patents decreased by $3,875 between consecutive balance sheet dates.
Compute the target cost per unit of product x : Corporation is considering introducing a new product, Product X. At a selling price of $24 per unit, management projects sales of 30,000 units.
Describe ethical implications of social media : Develop a 5 slide PowerPoint presentation that covers the ethical implications of social media in healthcare. Be sure to address email communication.
Describe and illustrate journalizing the transaction : Assets, Liabilities, Owner's Equity, Revenues, and Expenses are the five categories (account types) that an account can be classified as.
Discuss what security through obscurity means : Discuss what security through obscurity means with examples. Examine how it is relevant in the context of discretion.

Reviews

Write a Review

Financial Management Questions & Answers

  Calculate the first four dividends

Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 32 percent for the next three years, with the growth rate falling off to a constant 6.7 percent thereafter. If the required return is 14 percent and the company just paid a ..

  What is the payback on the computer package

The firm estimates that it will save $550 at the end of each year beginning in one year for 6 consecutive years, and also save $1513 in year 7.

  How does collateral affect the interest rate on a bond

How does collateral affect the interest rate on a bond? How does subordination affect the interest rate on a bond too?

  What was ges market-to-book ratio-market capitalization

In April 2013, General Electric (GE) had a book value of equity of $ 122.7 billion, 10.3 billion shares outstanding, and a market price of $ 22.38 per share. GE also had cash of $ 89.2 ?billion, and total debt of $ 399.5 billion. What was GE's market..

  Firm is considering an overseas expansion

Your firm is considering an overseas expansion. Below is the information that you have been given regarding the project: Initial Equipment Cost: $100m. Life of System: 5 years. Depreciation method: Straight line Depreciation. Expected overseas sales:..

  What is kahlils recognized gain or loss and the basis

Kahlil exchanges a farm that is used in his business for another farm. The old farm had an adjusted basis of $5,000 and the new one has a fair market value.

  What should appropriate remedies be for modern-day wrongs

What should the appropriate remedies be for modern-day wrongs?

  Foundation principle of the employment relationship

The class began with a discussion of at-will employment being the foundation principle of the employment relationship. The rest of the course complicated this principle by providing numerous exceptions. Based on your reading throughout the course, pr..

  What is rate of return to investor in fund during the year

What is the rate of return to an investor in the fund during the year?

  Identify who would be the plaintiff and the defendant

The Javier case can be filed at the federal courts. This is because the case falls under diversity of citizenship federal subject matter jurisdiction.

  Calculate the cost of perferred stock

In addition, flotation costs of $6.40 per share were paid. Calculate the cost of perferred stock.

  What is the Sharpe ratio of the best feasible CAL

A pension fund manager is considering three mutual funds. What is the Sharpe ratio of the best feasible CAL?

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