Calculate the net cash provided by operating activities

Assignment Help Accounting Basics

Reference no: EM131928360

Problem

Net income was $66, 300; accounts receivable decreased by $16, 500; inventory increased by $7, 500; proceeds from the issuance of long-term debt were $21, 600; accounts payable decreased by $5, 600; equipment purchases were $71,000; depreciation and amortization expense was $28, 400. (Amounts to be deducted should be indicated with a minus sign.) Calculate the net cash provided (used) by operating activities for the period.

Reference no: EM131928360

Questions Cloud

What is the value of the swap : The three-month LIBOR rate one month ago was 11.8% per annum. All rates are compounded quarterly.

Estimated value of the stock today : The dividend is expected to remain the same indefinitely. The stock's required return is 10%. The estimated value of the stock today is $________.

How much is to be paid each year : A $50,000 loan obtained today is to be repaid in equal annual installments over the next seven years starting at the end of this year.

Find the beta of the portfolio : You own 500 shares of Stock A at a price of $85 per share, 300 shares of Stock B at $105 per share, and 800 shares of Stock C at $38 per share.

Calculate the net cash provided by operating activities : Net income was $66, 300; accounts receivable decreased by $16, 500. Calculate the net cash provided (used) by operating activities for the period.

Should intelisystems make or buy the switch : Given the same cost structure, should InteliSystems make or buy the switch? Show your analysis.

Loan with an interest rate : If she obtains financing to come up with the difference what will her monthly payments be assuming she gets a 5 year loan with an interest rate

What advice would you give the accountant : The net income of Steinbach & Sons, a landscaping company, decreased sharply during 2016. As a personal friend, what advice would you give the accountant?

How many additional dollars of interest would you earn : You have $540540 in an account which pays 4.14.1?% compounded annually. How many additional dollars of interest would you earn over 44 years.

User Account

All Pages