Compute the cash payments for operating expenses

Reference no: EM131835465

Question: Pietr Corporation reports operating expenses of $90,000, excluding depreciation expense of $15,000, for 2017. During the year, prepaid expenses decreased $7,200 and accrued expenses payable increased $4,400. Compute the cash payments for operating expenses in 2017. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131835465

Questions Cloud

Compute the company free cash flow : The management of Uhuru Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $875,000.

What is the amount of cash receipts from customers : Suppose Columbia Sportswear Company had accounts receivable of $299,585,000 at January 1, 2017, and $226,548,000 at December 31, 2017.

What amount of cash payments were made for income taxes : Hoffman Corporation reported income taxes of $370,000,000 on its 2017 income statement and income taxes payable of $277,000,000 at December 31, 2016.

What is the present value now of the saving to smith : what is the present value now of the saving to Smith if the seller agrees to Smith's terms?

Compute the cash payments for operating expenses : Pietr Corporation reports operating expenses of $90,000, excluding depreciation expense of $15,000, for 2017. During the year, prepaid expenses decreased.

What percent will the bond change in value : What is the duration of this bond? If interest rates rise 0.28% from the given YTM, by what percent will the bond change in value?

Review the given information of Alex company : Equipment with a cost of $166,000 was purchased for cash. Equipment with a cost of $51,000 and a book value of $36,000 was sold for $34,000 cash.

Planning to make monthly deposits : You are planning to make monthly deposits of $90 into retirement account that pays 8 percent interest compounded monthly.

Analyze and indicate the each transaction : Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing.

User Account

All Pages