Compute net cash provided by operating activities

Assignment Help Financial Management
Reference no: EM132316840

Question

Vaughn Beverage Company reported the following items in the most recent year.

Net income   $47,600

Dividends paid   6,750

Increase in accounts receivable  11,000

Increase in accounts payable  7,040

Purchase of equipment (capital expenditure)  8,160

Depreciation expense   4,040

Issue of notes payable  20,520

Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Reference no: EM132316840

Questions Cloud

Explain the performance of the economy : How would Keynesian economists explain the performance of the economy during the last few years? What has happened to aggregate demand?
Scope of their marketing strategies : Contrast these two retailers Walmart and Nordstrom' "generic" strategies by explaining the scope of their marketing strategies as well as the sources
Consider the following descriptive statistics : Consider the following descriptive statistics from Excel for a sample of bread loaf weights (in grams) baked in a Brisbane bakery.
Explain difference between introvert and extrovert : Explain difference between introvert and extrovert? Explain, examples?
Compute net cash provided by operating activities : Compute net cash provided by operating activities, the net change in cash during the year.Vaughn Beverage Company reported the following items.
Useful tool for individuals and for organizations to use : Is MBTI (Myers-Briggs Type Indicator) a useful tool for individuals and for organizations to use? Why? Explain, example
Employees ultimately enjoy increased productivity : Employers that are open to listen to their employees and endeavor to have happy employees ultimately enjoy increased productivity, low employee turnover
Prepare the journal entry to record the redemption of bonds : Prepare the journal entry to record the redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded.
Prepare the journal entry to record the accrual : On January 1, 2020, Crane Company issued $264,500, 10%, 5-year bonds at face value. Interest is payable annually on January 1.

Reviews

Write a Review

Financial Management Questions & Answers

  What is the portfolio with the highest sharpe ratio

The one-month risk free rate is 0.4%. Risky asset A has a mean return of 1.50% a month and a standard deviation of 10%. Risky asset B has a mean return of 0.8% a month and a standard deviation of 5%. What is the portfolio with the highest Sharpe rati..

  Organizational Form Titus founded

Organizational Form Titus founded his own construction wholesale business many years ago. What issues should he consider when thinking about it?

  Social security is considered pension plan

Why does it matter whether Social Security is considered a pension plan or an entitlement program? How does the Federal Accounting Standards Advisory Board (FASAB) direct that Social Security be reported? What unique issues does the federal governmen..

  What is the net asset value for this mutual fund

The World Income Appreciation Fund has current assets with a market value of $4 billion and has 110 million shares outstanding. What is the net asset value (NAV) for this mutual fund? The Madura HiGro Fund has a net asset value of $47 per share. It c..

  Calculate the stock expected return and standard deviation

If both possibilities are equally likely, calculate the stock's expected return and standard deviation.

  Earnings per share will increase when

Earnings per share will increase when: A recent offering of Talmot Corporation stock was underwritten by Advantage Securities. The terms were: Price to public $10 per share, number of shares 10 million, and proceeds to Talmot $45,000,000. What profit..

  Expected incremental cash flow related to working capital

Six Twelve, Inc., is considering opening up a new convenience store in downtown New York City. The expected annual revenue at the new store is $660,000. What is the expected incremental cash flow related to working capital when the store is opened?

  Ricardian model benefit the import and export of products

How does the Ricardian Model benefit the import and export of products from given countries?

  What will be the balance in the account at close of business

Assuming a 7 percent annual compound interest rate, what will be the balance in the account at the close of business on July 1, 2020?

  What is the balance after the first annual payment

What is the balance after the first annual payment on a $180,000 loan for 20 years with a 6% interest rate and a payment of $15,693.22?

  Irrelevance capital structure theory

The MM irrelevance capital structure theory proved that a firm's value is unaffected by its capital structure. But their study was based on some strong assumptions that: _____

  What is the maximum amount pierre should be willing to pay

Pierre Dupont just received a cash gift from his grandfather. He plans to invest in a five-year bond issued by Venice Corp. that pays an annual coupon of 5.5 percent. If the current market rate is 7.25 percent, what is the maximum amount Pierre shoul..

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!

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