What is the net cash provided by operating activities

Reference no: EM13129963

Land was acquired for $200,000 in exchange for common stock, par $200,000, during the year; all equipment purchased was for cash. Equipment costing $20,000 was sold for $8,000; book value of the equipment was $16,000 and the loss was reported as an ordinary item in net income. Cash dividends of $40,000 were charged to retained earnings and paid during the year; the transfer of net income to retained earnings was the only other entry in the Retained Earnings account. In the statement of cash flows for the year ended December 31, 2013, for Naley Company:

What is the net cash provided by operating activities?

Reference no: EM13129963

Questions Cloud

University values diversity : University values diversity. What do you think that means? What kind of diversity does a university want? Why do you think the university wants there to be diversity?

Vertical and horizontal asymptotes of function : Find the vertical asymptote of the function f(x) 5x^2 - 4/x+1 show a work and answer. Find the vertical and horizontal asymptotes of the function g(x) =x+7/x^2 - 4

Identify all the averages used to summarize the data : Identify all the averages (mean, median, or mode) that can be used to summarize the data. Dollar amount due on next payment.

How many moles of chloroform, chcl3, are required : How many moles of chloroform, CHCl3, are required to fill a 253-mL flask at 100.0°C and 940 torr?

What is the net cash provided by operating activities : Land was acquired for $200,000 in exchange for common stock, par $200,000, during the year; all equipment purchased was for cash. Equipment costing $20,000 was sold for $8,000; book value of the equipment was $16,000 and the loss was reported as a..

Operating income change problem : Salter Inc.'s unit selling price is $50, the unit variable costs are $35, fixed costs are $125,000, and current sales are 10,000 units. How much will operating income change if sales increase by 5,000 units?

Probabilities for spin the wheel : You're at a school fair where one of the games is "Spin the Wheel". Players spin a giant wheel with numbers 1-40. Look at each of the criteria and express the answers as a decimal, fraction and a percentage.

How many quarts can be produced : If the density of ethyl alcohol is 0.789 g/ml, how many quarts can be produced by the fermentation of 100.0 lbof sugar?

What is the earnings conservatism ratio : 1. what are the permanent and temporary differences? 2. What is NOL? Why does it occur? 3. What are the allocation methods? 4. What are the deferred tax assets and deferred tax liability? 5. What is the earnings conservatism ratio?

User Account

All Pages