User Account

All Pages

Calculate the net cash provided by operating activities

Assignment Help Accounting Basics
Reference no: EM131960502

Question - A company's income statement showed the following: net income, $125,000; depreciation expense, $35,500; and gain on sale of plant assets, $9,500. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $10,500; merchandise inventory increased $23,500; prepaid expenses decreased $7,300; accounts payable increased $4,500. Calculate the net cash provided or used by operating activities.

A. $135,000.

B. $147,800.

C. $149,800.

D. $175,800

E. $154,600.

Reference no: EM131960502

Questions Cloud

Find the total asset turnover ratio : Use Table 1 for the following questions. The Total Debt to Total Asset ratio is: Return on Assets ratio is: The Total Asset Turnover ratio is.
Application development and the retention of data : The ability to read and write data from a text file is essential to application development and the retention of data.
Prepare journal entry for the issuance of the common stock : Share Issuances for Cash - Prepare the journal entry for the issuance of the common stock assuming that it had a stated value of $5 per share
What is the return for stock : You have a $61,423 portfolio that consists of $16,028 invested in Stock A, What is the return for Stock D?
Calculate the net cash provided by operating activities : A company's income statement showed the following: net income, $125,000; Calculate the net cash provided or used by operating activities
Professional conduct for forensic computer examiners : What is the official organization that dictates codes of professional conduct for forensic computer examiners? What is its mission statement?
What is the investment profitability index : The required rate of return is 10%. What is the investment’s Profitability Index (PI)?
Make a class named cylinder : Make a class named Cylinder with a field for the radius and a field for the height. Be sure to include the following:
What is project net present value if the tax rate : The cost of capital is 13 percent. What is the project’s net present value if the tax rate is 23 percent?

Reviews

Write a Review

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

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd