Colie company had an increase in inventory of 120000 the

Reference no: EM13578689

Colie Company had an increase in inventory of $120,000. The cost of goods sold was $490,000. There was a $30,000 decrease in accounts payable from the prior period. Using the direct method of reporting cash flows from operating activities, what were Colie's cash payments to suppliers?

Reference no: EM13578689

Questions Cloud

Stallman company took a physical inventory on december 31 : stallman company took a physical inventory on december 31 and determined that goods costing 205390 were on hand. not

Cleary wasser and nolan formed a partnership on january 1 : cleary wasser and nolan formed a partnership on january 1 2010 with investments of 100000 150000 and 200000

Required the current years income tax liability from the : the following facts apply to tinypart toy companys pending litigation as of december 31 2013a. tinypart is defending

What would be the effect on the u201cnet increase or : 1. journalize the six adjusting entries required at march 31 based on the data presented.2. what would be the effect on

Colie company had an increase in inventory of 120000 the : colie company had an increase in inventory of 120000. the cost of goods sold was 490000. there was a 30000 decrease in

Assume a company sells a given product for 85 per unit how : 1assume a company sells a given product for 85 per unit how many units must be sold to break even if the variable

Tell what accounts are affected in order and by how much : sales were 64000. cost of merchandise sold was 60 of its sales price. 60 of the sales were on open account. note record

Dividends per sharemichelangelo inc a software development : dividends per sharemichelangelo inc. a software development firm has stock outstanding as follows 30000 shares of

A randomized controlled trial is run to evaluate the : question a randomized controlled trial is run to evaluate the effectiveness of a new drug for asthma in children. a

Reviews

Write a Review

Required(*) Message

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

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

User Account

All Pages