Evaluate how much cash will increase during month of march

Assignment Help Accounting Basics
Reference no: EM132689989

Problem 1: Adelphi Company has budgeted activity for March to reflect net income $165,000. All sales are credit sales. Receivables are planned to increase (decrease -) by $15,000 payables to increase (decrease -) by $1,000 and Depreciation Expense is $60,000. Use this information to determine how much cash will increase (decrease) during the month of March. (Decreases in accounts receivable or accounts payable will have a negative sign in front of number. Round & enter final answer to the nearest whole dollar.)

Net Income 165,000
Less Depreciation 60,000
Plus Receivables 15,000
Less Payables 1,000

Reference no: EM132689989

Questions Cloud

What are the basic issues and themes addressed in the videos : What are the basic issues and main themes addressed in the videos? Were the issues addressed from a biased or unbiased perspective?
What are the payoffs at the final nodes of the tree : Use no-arbitrage arguments (you need to show how to set up the riskless portfolios at the different nodes of the binomial tree).
Benefits and drawbacks of an autocratic management style : Critically discuss the benefits and drawbacks of an autocratic management style.
Misconceptions involved around the immune system : There are several controversial misconceptions involved around the immune system.
Evaluate how much cash will increase during month of march : Evaluate how much cash will increase (decrease) during the month of March. (Decreases in accounts receivable or accounts payable will have a negative sign
Explain the importance of having a harvest : 1. Explain the importance of having a harvest, or exit plan.
How can appraisals and the process be improved : Do performance appraisals serve a purpose or have they outlived their usefulness? How often does your company appraise performance? How can appraisals.
Prepare the balance sheet of d after the merger : Prepare the Balance sheet of D after the merger. On july 1 , year 5 they agree to a merger whereby D will issue 300,000 shares
Design an additional audit procedure for bank overdrafts : Design an additional audit procedure for bank overdrafts. Explain how this procedure will address the concern identified in b) (i).

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.

  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!

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