User Account

All Pages

Determine alpha company net cash flows

Assignment Help Accounting Basics
Reference no: EM131642819

Question - The following information is related to Alpha Company's fiscal year 2017.

Income Statement:

Net Income                             $3,000,000

Depreciation Expense               500,000

Gain on Sale of Plant Assets                  50,000

Interest Expense                            5,000

Balance Sheet - 12/31/17: Increase (Decrease)

Accounts Payable                 ($40,000)

Plant Assets - Purchased       250,000

Plant Assets - Disposals         (100,000)

Additional Information:

Common Stock exchanged for outstanding Long Term Notes Payable of $135,000

Dividends paid were $45,000

Use this information to determine Alpha Company's Net Cash Flows from Financing Activities. If the amount is an outflow then enclose the amount with dollar sign inside of brackets ( ):

Reference no: EM131642819

Questions Cloud

Determine the quick ratio and current ratio : For the FY 2016, Alpha Company's balance sheet included the following current items: determine the Quick Ratio and Current Ratio
What is the company average cost : It costs a company $35,000 to produce 700 graphing calculators. The company's cost will be $35,070 if it produces an additional graphing calculator.
Used surveillance and covert investigation techniques : Assuming your investigation used surveillance and/or covert investigation techniques, what types of surveillance and/or covert operations would you use?
Discuss sources of bias for quantitative research : Discuss sources of bias for both quantitative and qualitative research. For quantitative research, be sure to address both random and systematic bias.
Determine alpha company net cash flows : Use this information to determine Alpha Company's Net Cash Flows from Financing Activities
How user interactions with systems will evolve : Anticipate how user interactions with systems will evolve over the next 20 years. Provide specific examples to support your response.
The possible consequences on other european union members : What are the possible consequences on other European Union members and the U.S?
Define descriptive epidemiology : Define descriptive epidemiology and its importance in describing disease occurrence in populations
Determine alpha company''s net cash flows : Use this information to determine Alpha Company's Net Cash Flows from Investing Activities

Reviews

Write a Review

Accounting Basics Questions & Answers

  Is there a clear thesis or specific statement of purpose

Is there a clear thesis statement or specific statement of purpose? Does the speaker demonstrate a good understanding of the material? Does the speaker incorporate appropriate recent and credible supporting materials or evidence?

  Choose the latest proposal on changes

Choose the latest proposal on changes to the treatment of capital gains and losses in which you agree would be the most beneficial to individual taxpayers indicating how these changes could be implemented.

  Calculate the future value of a 4-year ordinary annuity of

a. calculate the future value of a 4-year ordinary annuity of 1000 if the appropriate interest rate is 11.5b. whats the

  What is the sampling

For most businesses, merchandise inventory is a major portion of the business's assets. Therefore, reporting an accurate amount on the financial statements.

  Compute diluted earnings per share for 2011

(EPS with Convertible Bonds, Various Situations) In 2010 Buraka Enterprises issued, at par, 75 $1,000, 8% bonds, each convertible into 100 shares of common stock.

  Gross income-constructive receipt of income

Which of the following is not considered actual receipt or "constructive receipt" of income in the current year? Which of the following does not have to be included in gross income?

  Ramirez corporation sells two types of computer chips the

ramirez corporation sells two types of computer chips. the sales mix is 30 q-chip and 70 q-chip plus. q-chip has

  Tennessee corporation is analyzing a capital expenditure

tennessee corporation is analyzing a capital expenditure that will involve a cash outlay of 104904. estimated cash

  Calculate the expected time and variance for each activity

The project manager for an organization has identified the following activities and activity times for the installation of a new accounting software system. Calculate the expected time and variance for each activity. Solve the network for the critica..

  The stockholder''s equity of tvx company at the beginning

The stockholder's equity of TVX Company at the beginning of the day on February 5 follows:

  When is a debt security considered impaired

When is a debt security considered impaired? Explain how to account for the impairment of an available-for sale debt security.

  Prepare a multi-step income statement for the appully

Prepare a multi-step income statement for the Appully Company (a clothing retailer) for the year ending December 31, 2003 given the information

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