User Account

All Pages

Prepare the cash flows from operating activities

Assignment Help Accounting Basics
Reference no: EM132879319

Problem - Cash flows from operating activities-indirect method - Salem Inc. reported the following data:

Net income $168,750

Depreciation expense 18,750

Gain on disposal of equipment 15,375

Decrease in accounts receivable 10,500

Decrease in accounts payable 2,700

Required - Prepare the Cash Flows from Operating Activities section of the statement of cash flows using the indirect method.

Reference no: EM132879319

Questions Cloud

What are the benefits and challenges of enterprise resource : What are the benefits and challenges of Enterprise Resource Planning. As an enormous international candy-maker, Nestle SA headquartered in Konicki Switzerland
Describe benefits package you would try to negotiate : You are applying for a job as a manager and are at the point of negotiating salary and benefits. What questions would you ask your prospective employer concerni
Determine the amount of cash received from customers : The accounts receivable balance increased $47,000 over the year. Determine the amount of cash received from customers
Experiences regarding operations management : Share your ideas, observations, and experiences regarding operations management. How would you have improved the process?
Prepare the cash flows from operating activities : Net income $168,750. Prepare the Cash Flows from Operating Activities section of the statement of cash flows using the indirect method
What are resources that support business information system : What are the development phases for the Nestle information system? what are the resources that support business information systems?
Competitive advantage implies creation of system : Competitive advantage implies the creation of a system that has a unique advantage over competitors.
Design optimisation of an adaptive passive beam vibration : Optimal sizing of a standalone Wind-PV-Battery-Diesel hybrid renewable energy system and Design optimisation of an adaptive passive beam vibration absorber
Compute for the gain or loss on selling jason company bonds : Explain where to present the unrealized gains or loss and gain or loss from selling the bond investment held for trading. Compute for the gain or loss.

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