Calculate net cash effect in decrease

Reference no: EM13258618

a) Anderson co reported cost of goods sold of $322 million andaccounts payable of $83 million for 2003. In 2002, cost of goods sold was $258 million and accounts payable was $72 million. whats is their accounts payable turnover ratio for 2003?

b) anderson co on sept 1, 2006 signed a one year 8% interest bearing note payable for $50,000. assuming they maintainits books on a calendar year basis. the amount of interest expense that should be reported in 2007 income statement for this note would be?

c) in 2004 coke reported an increase in accounts receivable of80 million and an increase in inventory of 168 million. they alsoexperience an increase in accounts payable of 225 million and adecrease in accrued income taxes payable of 225 million. calculate net cash effect in decrease??

Reference no: EM13258618

Questions Cloud

Determine amos seagull gross income : Determine Amos Seagull's gross income in each of the following cases:

What is the firms cost of debt : If Imaginary is subject to a 40 percent marginal tax rate, then what is the firm's cost of Debt?

What power will it draw when first switched on : Nichrome wire is used in some radiative heaters. What power will it draw when first switched on

How much national credit union invest to maximize its return : How much should the National Credit Union invest in municipal bondsso as to maximize its return on investment? What is the maximal return on investment?

Calculate net cash effect in decrease : in 2004 coke reported an increase in accounts receivable of80 million and an increase in inventory of 168 million. they alsoexperience an increase in accounts payable of 225 million and adecrease in accrued income taxes payable of 225 million. cal..

How can this process be most effective : When you entered your prelicensure nursing program, faculty and clinical nurses helped you learn about nursing and how to think and act like a nurse.

What is the discount payback of the project : At the end of the fifth year, the company expects to sell the plane for $8MM. Required rate of return is 13%.

Compute the amount of heat requred to raise the temperature : calculate the amount of heat requred to raise the temperature of 100.00 g of Mercury at 0.0000 c to 2.0000 c. repeat for 99.000 c to 101.000 c

At what angle will second order be observed : First-order Bragg diffraction is observed at 23.0 degrees relative to the crystal surface, with spacing between atoms of 0.26nm, At what angle will second order be observed

User Account

All Pages